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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Barbadian Dollar/Surinamese Dollar (FOREX:BBDSRD)
Long-Term Downtrend (-90) - BBDSRD is in a strong downtrend that is likely to continue. While BBDSRD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for BBDSRD
The long-term trend has been DOWN since Nov 10th, 2023 at 18.8155
The intermediate-term trend has been DOWN since Jan 19th, 2024 at 18.0380
The short-term trend has been DOWN since Jul 24th, 2024 at 15.0430
Smart Scan Analysis for BBDSRD
Based on our trend formula, BBDSRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.436 | 14.436 | 14.436 | 14.436 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.436 | 14.296 | 14.576 | 2024-07-24 09:49:01 |