Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Weak Downtrend (-65) - BBDUSD is showing signs of a strengthening downtrend. Monitor BBDUSD as it may be building momentum to the downside.
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 Nov 23rd, 2020 at 0.49361673
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.49465416
The short-term trend has been DOWN since Feb 16th, 2021 at 0.49540856
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).