Forex Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Barbadian Dollar/Euro (FOREX:BBDEUR)
Strong Downtrend (-100) - BBDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for BBDEUR
The long-term trend has been DOWN since Jul 13th, 2020 at 0.43740571
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 0.40756747
The short-term trend has been DOWN since Feb 24th, 2021 at 0.40766720
Smart Scan Analysis for BBDEUR
Based on our trend formula, BBDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).