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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Sidelines Mode (+50) - BBDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BBDGBP can gain momentum.
Is it time to buy, sell, or avoid BBDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BBDGBP
The long-term trend has been DOWN since Jun 9th, 2024 at 0.38699640
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.37598678
The short-term trend has been UP since Oct 4th, 2024 at 0.37286215
Smart Scan Analysis for BBDGBP
Based on our trend formula, BBDGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38629748 | 0.38629748 | 0.38629748 | 0.38629748 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39046077 | 2024-11-12 07:25:07 |