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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
2.0202962 2.0202962 2.0202962 2.0202962 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term up The long-term trend has been UP since Nov 8th, 2024 at 2.0293787

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 2.0304005

short term up The short-term trend has been UP since Nov 8th, 2024 at 2.0274072

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
2.0202962 2.0202962 2.0202962 2.0202962 0.0000000
Prev. Close Volume Bid Ask Time
2.0252240 2024-11-12 07:25:07
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