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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Barbadian Dollar/Surinamese Dollar (FOREX:BBDSRD)

Long-Term Downtrend (-90) - BBDSRD is in a strong downtrend that is likely to continue. While BBDSRD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BBDSRD?

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

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

FOREX_BBDSRD
Open High Low BBDSRD Price Change
17.3705 17.3705 17.3705 17.3705 0.0000
Entry Signal

MarketClub’s Trade Triangles for BBDSRD

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 18.8155

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 18.0380

short term down The short-term trend has been DOWN since Jan 19th, 2024 at 18.0380

Smart Scan Analysis for BBDSRD

Based on our trend formula, BBDSRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BBDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.3705 17.3705 17.3705 17.3705 0.0000
Prev. Close Volume Bid Ask Time
17.3705 17.2020 17.5390 2024-03-21 10:50:32
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