Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BBDUSD
The long term trend has been DOWN since Jun 16th, 2019 at 0.49875500
The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.49490618
The short term trend has been UP since Feb 11th, 2020 at 0.49546201
Smart Scan Analysis for BBDUSD
Based on a pre-defined weighted trend formula for chart analysis, BBDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).