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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.

FOREX_GBPBBD
Open High Low GBPBBD Price Change
2.3474775 2.3474775 2.3474775 2.3474775 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBBD

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 2.5978669

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2020 at 2.5994343

short term down 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).

-90
Smart Scan Analysis for GBPBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3474775 2.3474775 2.3474775 2.3474775 0.0000000
Prev. Close Volume Bid Ask Time
2.4793075 2.2931604 2.4017946 2020-03-25 22:09:32
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