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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

US Dollar/Barbadian Dollar (FOREX:USDBBD)

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

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

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

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

FOREX_USDBBD
Open High Low USDBBD Price Change
2.0118986 2.0118986 2.0118986 2.0118986 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term down The long-term trend has been DOWN since Jun 15th, 2023 at 2.0117162

intermediate term down The intermediate-term trend has been DOWN since Sep 7th, 2023 at 2.0185456

short term down The short-term trend has been DOWN since Sep 23rd, 2023 at 2.0160679

Smart Scan Analysis for USDBBD

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

-100
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0118986 2.0118986 2.0118986 2.0118986 0.0000000
Prev. Close Volume Bid Ask Time
2.0118986 2023-09-23 13:03:35
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