Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Long-Term Downtrend (-90) - GBPBBD is in a strong downtrend that is likely to continue. While GBPBBD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for GBPBBD
The long-term trend has been DOWN since Mar 16th, 2020 at 2.5978669
The intermediate-term trend has been DOWN since Mar 16th, 2020 at 2.5994343
The short-term trend has been DOWN since Mar 16th, 2020 at 2.6000369
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).