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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

US Dollar/Barbadian Dollar (FOREX:USDBBD)

Crossroads (+60) - USDBBD 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 USDBBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBBD
Open High Low USDBBD Price Change
2.0187317 2.0232380 2.0187317 2.0232380 +0.0045060
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term up The long-term trend has been UP since Apr 10th, 2024 at 2.0316103

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 2.0156256

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 2.0156256

Smart Scan Analysis for USDBBD

Based on our trend formula, USDBBD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0187317 2.0232380 2.0187317 2.0232380 +0.0045060
Prev. Close Volume Bid Ask Time
2.0187317 2024-06-20 21:01:43
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