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Forex Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

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.

FOREX_USDBBD
Open High Low USDBBD Price Change
2.0176771 2.0176771 2.0176771 2.0176771 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term up The long-term trend has been UP since Oct 24th, 2023 at 2.0211601

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 2.0172738

short term up The short-term trend has been UP since Nov 24th, 2023 at 2.0172738

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).

+80
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0176771 2.0176771 2.0176771 2.0176771 0.0000000
Prev. Close Volume Bid Ask Time
2.0176771 2023-11-28 07:28:26
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