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Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Long-Term Downtrend (-90) - BBDUSD is in a strong downtrend that is likely to continue. While BBDUSD 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 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.
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MarketClub’s Trade Triangles for BBDUSD
The long-term trend has been DOWN since Jul 11th, 2022 at 0.49483486
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 0.49481973
The short-term trend has been DOWN since Jul 29th, 2022 at 0.49539133
Smart Scan Analysis for BBDUSD
Based on our trend formula, BBDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.49533287 | 0.49533287 | 0.49533287 | 0.49533287 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49533287 | 2022-08-10 07:20:33 |