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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

British Pound/Barbadian Dollar (FOREX:GBPBBD)

Strong Downtrend (-100) - GBPBBD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBBD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPBBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBBD
Open High Low GBPBBD Price Change
2.5197697 2.5197697 2.5180037 2.5180037 -0.0017660
Entry Signal

MarketClub’s Trade Triangles for GBPBBD

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 2.5316011

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.5638177

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2.5488128

Smart Scan Analysis for GBPBBD

Based on our trend formula, GBPBBD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5197697 2.5197697 2.5180037 2.5180037 -0.0017660
Prev. Close Volume Bid Ask Time
2.5108326 2024-04-18 21:07:18
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