Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
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, BBDUSD 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 Oct 24th, 2023 at 0.49503790
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 0.49598533
The short-term trend has been DOWN since Nov 24th, 2023 at 0.49598533
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).