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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Barbadian Dollar/Euro (FOREX:BBDEUR)

Strong Downtrend (-100) - BBDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BBDEUR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_BBDEUR
Open High Low BBDEUR Price Change
0.45548502 0.45548502 0.45548502 0.45548502 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 0.48386526

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2023 at 0.46575832

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.46575832

Smart Scan Analysis for BBDEUR

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

-100
Smart Scan Analysis for BBDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45548502 0.45548502 0.45548502 0.45548502 0.00000000
Prev. Close Volume Bid Ask Time
0.45548502 2023-03-30 07:27:59
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