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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Bull Market Weakness (+75) - BBDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BBDUSD as it may be in the beginning stages of a reversal.
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 UP since Aug 19th, 2024 at 0.49802428
The intermediate-term trend has been UP since Oct 17th, 2024 at 0.49547697
The short-term trend has been UP since Oct 17th, 2024 at 0.49545313
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.496971 | 0.496971 | 0.496971 | 0.496971 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.494489 | 2024-10-19 08:23:40 |