Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Barbadian Dollar/Surinamese Dollar (FOREX:BBDSRD)
Countertrend Down (-85) - BBDSRD 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 BBDSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BBDSRD
The long-term trend has been DOWN since Dec 24th, 2021 at 10.5575
The intermediate-term trend has been DOWN since Dec 21st, 2021 at 10.6635
The short-term trend has been UP since Jan 5th, 2022 at 9.9565
Smart Scan Analysis for BBDSRD
Based on our trend formula, BBDSRD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).