Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
US Dollar/Barbadian Dollar (FOREX:USDBBD)
Countertrend Up (+85) - USDBBD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDBBD
The long-term trend has been UP since Jun 13th, 2021 at 2.0234985
The intermediate-term trend has been UP since Sep 22nd, 2021 at 2.0234218
The short-term trend has been UP since Oct 19th, 2021 at 2.0190599
Smart Scan Analysis for USDBBD
Based on our trend formula, USDBBD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).