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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Barbadian Dollar/US Dollar (FOREX:BBDUSD)

Weak Downtrend (-65) - BBDUSD is showing signs of a strengthening downtrend. Monitor BBDUSD as it may be building momentum to the downside.

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.

FOREX_BBDUSD
Open High Low BBDUSD Price Change
0.49575966 0.49575966 0.49573700 0.49573700 -0.00002300
Entry Signal

MarketClub’s Trade Triangles for BBDUSD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.49248036

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.49499402

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.49504205

Smart Scan Analysis for BBDUSD

Based on our trend formula, BBDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49575966 0.49575966 0.49573700 0.49573700 -0.00002300
Prev. Close Volume Bid Ask Time
0.49575966 2024-07-17 23:17:58
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