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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Countertrend Down (-85) - BBDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BBDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BBDUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.49248036
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 0.49511044
The short-term trend has been UP since Apr 17th, 2024 at 0.49534476
Smart Scan Analysis for BBDUSD
Based on our trend formula, BBDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.49550294 | 0.49550294 | 0.49550294 | 0.49550294 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49550294 | 2024-04-25 07:26:32 |