Forex Trend Analysis Report
Prepared for you on Sunday, June 25, 2017.
Euro/Barbadian Dollar (FOREX:EURBBD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
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.
MarketClub’s Trade Triangles for EURBBD
The long term trend has been UP since Mar 20th, 2017 at 2.1478
The intermediate term trend has been DOWN since Jun 25th, 2017 at 2.2493
The short term trend has been DOWN since Jun 25th, 2017 at 2.2391
Smart Scan Analysis for EURBBD
Based on a pre-defined weighted trend formula for chart analysis, EURBBD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).