Forex Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
Barbadian Dollar/British Pound (FOREX:BBDGBP)
Bull Market Weakness (+75) - BBDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BBDGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BBDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BBDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.36064943
The intermediate-term trend has been UP since Feb 28th, 2022 at 0.36561787
The short-term trend has been UP since Apr 6th, 2022 at 0.37754103
Smart Scan Analysis for BBDGBP
Based on our trend formula, BBDGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).