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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.
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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 Oct 15th, 2024 at 2.6610099
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).
| 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 |