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.
MarketClub’s Trade Triangles for BBDEUR
The long-term trend has been UP since Sep 22nd, 2023 at 0.46342595
The intermediate-term trend has been DOWN since Oct 18th, 2023 at 0.46952174
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).