Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Euro/Barbadian Dollar (FOREX:EURBBD)
Weak Downtrend (-65) - EURBBD is showing signs of a strengthening downtrend. Monitor EURBBD as it may be building momentum to the downside.
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 UP since Nov 11th, 2022 at 2.0679
The intermediate-term trend has been DOWN since Feb 13th, 2023 at 2.1879
The short-term trend has been DOWN since Mar 8th, 2023 at 2.1421
Smart Scan Analysis for EURBBD
Based on our trend formula, EURBBD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).