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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Countertrend Up (+85) - GBPBBD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPBBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBBD.
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 GBPBBD
The long-term trend has been UP since Jun 9th, 2024 at 2.5853296
The intermediate-term trend has been UP since Jul 7th, 2024 at 2.5763124
The short-term trend has been DOWN since Jul 21st, 2024 at 2.6193565
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5981107 | 2.5981107 | 2.5979259 | 2.5979259 | -0.0001850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5981107 | 2024-07-26 14:00:15 |