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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2019.

Barbadian Dollar/US Dollar (FOREX:BBDUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

FOREX_BBDUSD
Open High Low BBDUSD Price Change
0.49556530 0.49556530 0.49556530 0.49556530 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BBDUSD

long term down The long term trend has been DOWN since Jun 16th, 2019 at 0.49875500

intermediate term up The intermediate term trend has been UP since Nov 17th, 2019 at 0.49634243

short term up The short term trend has been UP since Nov 17th, 2019 at 0.49556500

Smart Scan Analysis for BBDUSD

Based on a pre-defined weighted trend formula for chart analysis, BBDUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49556530 0.49556530 0.49556530 0.49556530 0.00000000
Prev. Close Volume Bid Ask Time
0.49451450 0.48446591 0.50666468 2019-11-20 07:12:47
Want to analyze Barbadian Dollar/US Dollar BBDUSD or another symbol? Try our Free Forex Trend Analysis Report.