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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Euro/Barbadian Dollar (FOREX:EURBBD)

Long-Term Downtrend (-90) - EURBBD is in a strong downtrend that is likely to continue. While EURBBD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURBBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBBD
Open High Low EURBBD Price Change
2.1505 2.1505 2.1505 2.1505 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBBD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 2.1620

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.1920

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2.1872

Smart Scan Analysis for EURBBD

Based on our trend formula, EURBBD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1505 2.1505 2.1505 2.1505 0.0000
Prev. Close Volume Bid Ask Time
2.1505 2024-04-22 21:00:59
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