Forex Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Bull Market Weakness (+75) - GBPBBD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBBD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for GBPBBD
The long-term trend has been UP since Jul 27th, 2020 at 2.5722110
The intermediate-term trend has been UP since Oct 13th, 2020 at 2.6107404
The short-term trend has been UP since Dec 31st, 2020 at 2.7181317
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).