Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Crossroads (-60) - GBPBBD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Oct 19th, 2021 at 2.7697030
The short-term trend has been UP since Oct 10th, 2021 at 2.7434291
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).