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Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Countertrend Down (-85) - BBDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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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 DOWN since Aug 20th, 2024 at 0.38386671
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 -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37634625 | 0.37634625 | 0.37582951 | 0.37582951 | -0.00051700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37634625 | 2024-10-05 07:23:01 |