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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.

FOREX_USDBBD
Open High Low USDBBD Price Change
2.0205894 2.0205894 2.0205894 2.0205894 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term up The long-term trend has been UP since Apr 17th, 2023 at 2.0241571

intermediate term down The intermediate-term trend has been DOWN since Jun 5th, 2023 at 2.0186095

short term up 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).

+55
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways 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
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