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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.

FOREX_BBDUSD
Open High Low BBDUSD Price Change
0.49587304 0.49587304 0.49587304 0.49587304 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDUSD

long term down The long-term trend has been DOWN since Oct 24th, 2023 at 0.49503790

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2023 at 0.49598533

short term down 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).

-100
Smart Scan Analysis for BBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49587304 0.49587304 0.49587304 0.49587304 0.00000000
Prev. Close Volume Bid Ask Time
0.49587304 2023-11-28 07:28:26
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