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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Barbadian Dollar/Euro (FOREX:BBDEUR)

Weak Downtrend (-65) - BBDEUR is showing signs of a strengthening downtrend. Monitor BBDEUR as it may be building momentum to the downside.

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
0.45253594 0.45253594 0.45253594 0.45253594 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDEUR

long term up The long-term trend has been UP since Sep 22nd, 2023 at 0.46342595

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2023 at 0.46952174

short term down The short-term trend has been DOWN since Oct 24th, 2023 at 0.46943353

Smart Scan Analysis for BBDEUR

Based on our trend formula, BBDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BBDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45253594 0.45253594 0.45253594 0.45253594 0.00000000
Prev. Close Volume Bid Ask Time
0.45253594 2023-11-28 07:28:26
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