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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Barbadian Dollar/Euro (FOREX:BBDEUR)
Countertrend Down (-85) - BBDEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for BBDEUR
The long-term trend has been DOWN since Jul 15th, 2024 at 0.45509097
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.45876743
The short-term trend has been UP since Jul 21st, 2024 at 0.45465624
Smart Scan Analysis for BBDEUR
Based on our trend formula, BBDEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.45644187 | 0.45644187 | 0.45644187 | 0.45644187 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.45644187 | 2024-07-26 14:00:15 |