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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

British Pound/Barbadian Dollar (FOREX:GBPBBD)

Weak Downtrend (-65) - GBPBBD is showing signs of a strengthening downtrend. Monitor GBPBBD as it may be building momentum to the downside.

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.

FOREX_GBPBBD
Open High Low GBPBBD Price Change
2.5900871 2.5900871 2.5900871 2.5900871 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBBD

long term up The long-term trend has been UP since Jun 9th, 2024 at 2.5853296

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 2.6610099

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 2.6832750

Smart Scan Analysis for GBPBBD

Based on our trend formula, GBPBBD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5900871 2.5900871 2.5900871 2.5900871 0.0000000
Prev. Close Volume Bid Ask Time
2.5624813 2024-11-12 07:25:07
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