Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Strong Downtrend (-100) - BBDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 27th, 2020 at 0.38895647
The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.38320441
The short-term trend has been DOWN since Nov 22nd, 2020 at 0.37338745
Smart Scan Analysis for BBDGBP
Based on our trend formula, BBDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).