Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Barbadian Dollar/Euro (FOREX:BBDEUR)
Countertrend Up (+85) - BBDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Aug 9th, 2021 at 0.42074286
The intermediate-term trend has been UP since Jul 4th, 2022 at 0.47102644
The short-term trend has been UP since Jun 17th, 2022 at 0.46331853
Smart Scan Analysis for BBDEUR
Based on our trend formula, BBDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).