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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

US Dollar/Barbadian Dollar (FOREX:USDBBD)

Bull Market Weakness (+75) - USDBBD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBBD as it may be in the beginning stages of a reversal.

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
2.0194677 2.0194677 2.0194677 2.0194677 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBBD

long term up The long-term trend has been UP since Apr 10th, 2024 at 2.0316103

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2024 at 2.0208170

short term up The short-term trend has been UP since Apr 29th, 2024 at 2.0192281

Smart Scan Analysis for USDBBD

Based on our trend formula, USDBBD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0194677 2.0194677 2.0194677 2.0194677 0.0000000
Prev. Close Volume Bid Ask Time
2.0189221 2024-04-29 21:06:32
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