Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Sidelines Mode (-55) - BBDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 27th, 2023 at 0.49795689
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.49521661
The short-term trend has been UP since Mar 18th, 2024 at 0.49555097
Smart Scan Analysis for BBDUSD
Based on our trend formula, BBDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.4954444 | 0.4954444 | 0.4954444 | 0.4954444 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.4954444 | 2024-03-28 02:42:09 |