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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Barbadian Dollar (FOREX:GBPBBD)
Long-Term Downtrend (-90) - GBPBBD is in a strong downtrend that is likely to continue. While GBPBBD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for GBPBBD
The long-term trend has been DOWN since Nov 20th, 2024 at 2.5597666
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 2.5529504
The short-term trend has been DOWN since Dec 15th, 2024 at 2.5618387
Smart Scan Analysis for GBPBBD
Based on our trend formula, GBPBBD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5294366 | 2.5294366 | 2.5294366 | 2.5294366 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5722164 | 2024-12-24 21:00:04 |