Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
Barbadian Dollar/Surinamese Dollar (FOREX:BBDSRD)
Strong Downtrend (-100) - BBDSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BBDSRD continues to fall. 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.
MarketClub’s Trade Triangles for BBDSRD
The long-term trend has been DOWN since Dec 24th, 2021 at 10.5575
The intermediate-term trend has been DOWN since Dec 21st, 2021 at 10.6635
The short-term trend has been DOWN since Jan 24th, 2022 at 10.4565
Smart Scan Analysis for BBDSRD
Based on our trend formula, BBDSRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).