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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

US Dollar/Barbadian Dollar (FOREX:USDBBD)

Sidelines Mode (+50) - USDBBD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDBBD can gain momentum.

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
2.0203827 2.0203827 2.0203827 2.0203827 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term down The long-term trend has been DOWN since Mar 8th, 2020 at 2.0115286

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2020 at 2.0194706

short term up The short-term trend has been UP since Apr 6th, 2020 at 2.0199296

Smart Scan Analysis for USDBBD

Based on our trend formula, USDBBD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0203827 2.0203827 2.0203827 2.0203827 0.0000000
Prev. Close Volume Bid Ask Time
2.0203827 1.9740585 2.0667068 2020-04-06 21:07:43
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