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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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.

FOREX_BBDGBP
Open High Low BBDGBP Price Change
0.35036436 0.35036436 0.35036436 0.35036436 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDGBP

long term down The long-term trend has been DOWN since Jul 27th, 2020 at 0.38895647

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.38320441

short term down The short-term trend has been DOWN since Feb 14th, 2021 at 0.35796592

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).

-100
Smart Scan Analysis for BBDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35036436 0.35036436 0.35036436 0.35036436 0.00000000
Prev. Close Volume Bid Ask Time
0.35673532 2021-02-25 07:31:39
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