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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

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.

FOREX_BBDGBP
Open High Low BBDGBP Price Change
0.41866372 0.41866372 0.41866372 0.41866372 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.36064943

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2022 at 0.40994983

short term up The short-term trend has been UP since Aug 16th, 2022 at 0.40994983

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).

+80
Smart Scan Analysis for BBDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41866372 0.41866372 0.41866372 0.41866372 0.00000000
Prev. Close Volume Bid Ask Time
0.41866372 2022-08-19 07:18:29
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