Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
US Dollar/Barbadian Dollar (FOREX:USDBBD)
Countertrend Up (+85) - USDBBD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDBBD
The long-term trend has been UP since Jun 16th, 2019 at 2.0060000
The intermediate-term trend has been UP since Jan 20th, 2020 at 2.0215863
The short-term trend has been DOWN since Feb 11th, 2020 at 2.0193506
Smart Scan Analysis for USDBBD
Based on our trend formula, USDBBD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).