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Forex Trend Analysis Report

Prepared for you on Monday, May 29, 2023.

Barbadian Dollar/Surinamese Dollar (FOREX:BBDSRD)

Sidelines Mode (+55) - BBDSRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BBDSRD
Open High Low BBDSRD Price Change
18.4885 18.4885 18.4885 18.4885 0.0000
Entry Signal

MarketClub’s Trade Triangles for BBDSRD

long term up The long-term trend has been UP since Sep 28th, 2022 at 13.4890

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2023 at 16.0205

short term down The short-term trend has been DOWN since May 17th, 2023 at 18.4995

Smart Scan Analysis for BBDSRD

Based on our trend formula, BBDSRD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BBDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.4885 18.4885 18.4885 18.4885 0.0000
Prev. Close Volume Bid Ask Time
18.4680 18.3090 18.6680 2023-05-17 10:01:31
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