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Forex Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
US Dollar/Barbadian Dollar (FOREX:USDBBD)
Sidelines Mode (+55) - USDBBD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for USDBBD
The long-term trend has been UP since Apr 17th, 2023 at 2.0241571
The intermediate-term trend has been DOWN since Jun 5th, 2023 at 2.0186095
The short-term trend has been UP since Jun 6th, 2023 at 2.0193857
Smart Scan Analysis for USDBBD
Based on our trend formula, USDBBD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0205894 | 2.0205894 | 2.0205894 | 2.0205894 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0205894 | 2023-06-06 07:26:56 |