Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Weak Downtrend (-65) - BBDGBP is showing signs of a strengthening downtrend. Monitor BBDGBP as it may be building momentum to the downside.
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 Jul 19th, 2021 at 0.36064943
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.36121114
The short-term trend has been DOWN since Oct 10th, 2021 at 0.36467292
Smart Scan Analysis for BBDGBP
Based on our trend formula, BBDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).