Forex Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Bear Market Rally (-75) - BBDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BBDUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BBDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BBDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BBDUSD
The long-term trend has been DOWN since Jun 13th, 2021 at 0.49440454
The intermediate-term trend has been UP since Jul 4th, 2021 at 0.49568271
The short-term trend has been DOWN since Jul 15th, 2021 at 0.49550874
Smart Scan Analysis for BBDUSD
Based on our trend formula, BBDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).