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.
MarketClub’s Trade Triangles for BBDEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.48386526
The intermediate-term trend has been DOWN since Mar 28th, 2023 at 0.46575832
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).