Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Barbadian Dollar/US Dollar (FOREX:BBDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BBDUSD
The long term trend has been UP since Jan 9th, 2019 at 0.50485
The intermediate term trend has been UP since Feb 15th, 2019 at 0.50221
The short term trend has been DOWN since Feb 18th, 2019 at 0.49993
Smart Scan Analysis for BBDUSD
Based on a pre-defined weighted trend formula for chart analysis, BBDUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).