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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Barbadian Dollar/Euro (FOREX:BBDEUR)

Countertrend Up (+85) - BBDEUR 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 BBDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BBDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BBDEUR
Open High Low BBDEUR Price Change
0.46634509 0.46634509 0.46634509 0.46634509 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDEUR

long term up The long-term trend has been UP since Apr 16th, 2024 at 0.46278221

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.45644187

short term up The short-term trend has been UP since Apr 16th, 2024 at 0.45744462

Smart Scan Analysis for BBDEUR

Based on our trend formula, BBDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BBDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46634509 0.46634509 0.46634509 0.46634509 0.00000000
Prev. Close Volume Bid Ask Time
0.46575832 2024-04-16 21:07:18
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