Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Sidelines Mode (+50) - GBPBBD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBBD can gain momentum.
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 Jul 19th, 2021 at 2.7739847
The intermediate-term trend has been UP since Jul 29th, 2022 at 2.4514001
The short-term trend has been UP since Jul 29th, 2022 at 2.4163407
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).