Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

British Pound/Barbadian Dollar (FOREX:GBPBBD)

Countertrend Down (-85) - GBPBBD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
2.5643904 2.5643904 2.5643904 2.5643904 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBBD

long term down The long-term trend has been DOWN since Nov 20th, 2024 at 2.5597666

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 2.6610099

short term up The short-term trend has been UP since Dec 2nd, 2024 at 2.5582051

Smart Scan Analysis for GBPBBD

Based on our trend formula, GBPBBD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5643904 2.5643904 2.5643904 2.5643904 0.0000000
Prev. Close Volume Bid Ask Time
2.5643904 2024-12-02 07:25:12
Get a free daily analysis and signals for British Pound/Barbadian Dollar (GBPBBD) - Request Your Free Report.