Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Euro/Barbadian Dollar (FOREX:EURBBD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 EURBBD
The long term trend has been DOWN since Apr 25th, 2018 at 2.4567
The intermediate term trend has been UP since Jun 9th, 2019 at 2.2402
The short term trend has been UP since Jun 24th, 2019 at 2.2547
Smart Scan Analysis for EURBBD
Based on a pre-defined weighted trend formula for chart analysis, EURBBD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).