Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Euro/Barbadian Dollar (FOREX:EURBBD)
Long-Term Downtrend (-90) - EURBBD is in a strong downtrend that is likely to continue. While EURBBD 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 EURBBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBBD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBBD
The long-term trend has been DOWN since Aug 9th, 2021 at 2.3778
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 2.3757
The short-term trend has been DOWN since Nov 9th, 2021 at 2.3410
Smart Scan Analysis for EURBBD
Based on our trend formula, EURBBD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).