Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Countertrend Down (-85) - GBPBBD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Apr 16th, 2024 at 2.5316011
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.5638177
The short-term trend has been UP since Apr 25th, 2024 at 2.5197697
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 |
|---|---|---|---|---|
| 2.5355182 | 2.5355182 | 2.5355182 | 2.5355182 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5197827 | 2024-04-29 21:06:32 |