Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Countertrend Up (+85) - BBDGBP 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 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.
MarketClub’s Trade Triangles for BBDGBP
The long-term trend has been UP since Sep 22nd, 2023 at 0.39936426
The intermediate-term trend has been UP since Jul 31st, 2023 at 0.38610003
The short-term trend has been UP since Aug 25th, 2023 at 0.39051898
Smart Scan Analysis for BBDGBP
Based on our trend formula, BBDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).