Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Strong Downtrend (-100) - BBDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BBDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BBDUSD
The long-term trend has been DOWN since Jun 13th, 2021 at 0.49440454
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.49442896
The short-term trend has been DOWN since Oct 19th, 2021 at 0.49550500
Smart Scan Analysis for BBDUSD
Based on our trend formula, BBDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).