Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Barbadian Dollar/Euro (FOREX:BBDEUR)
Strong Uptrend (+100) - BBDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BBDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid
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 Feb 9th, 2020 at 0.45086203
The intermediate-term trend has been UP since Jan 22nd, 2020 at 0.44669104
The short-term trend has been UP since Feb 5th, 2020 at 0.44895834
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).