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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Barbadian Dollar/US Dollar (FOREX:BBDUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BBDUSD
Open High Low BBDUSD Price Change
0.50227 0.50227 0.50227 0.50227 0.00000
Entry Signal

MarketClub’s Trade Triangles for BBDUSD

long term down The long term trend has been DOWN since Sep 16th, 2018 at 0.496745

intermediate term up The intermediate term trend has been UP since Sep 30th, 2018 at 0.500285

short term up The short term trend has been UP since Oct 7th, 2018 at 0.501260

Smart Scan Analysis for BBDUSD

Based on a pre-defined weighted trend formula for chart analysis, BBDUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for BBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.50227 0.50227 0.50227 0.50227 0.00000
Prev. Close Volume Bid Ask Time
0.50227 0.49131 0.51323 2018-10-09 21:28:14
Want to analyze Barbadian Dollar/US Dollar BBDUSD or another symbol? Try our Free Forex Trend Analysis Report.