Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Euro/Barbadian Dollar (FOREX:EURBBD)
Crossroads (-60) - EURBBD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURBBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBBD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBBD
The long-term trend has been DOWN since Sep 22nd, 2023 at 2.1590
The intermediate-term trend has been UP since Oct 18th, 2023 at 2.1310
The short-term trend has been UP since Oct 24th, 2023 at 2.1314
Smart Scan Analysis for EURBBD
Based on our trend formula, EURBBD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).