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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Crossroads (-60) - BSDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BSDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSDUSD.
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 BSDUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.9985724
The intermediate-term trend has been UP since May 1st, 2024 at 1.0027974
The short-term trend has been UP since May 1st, 2024 at 0.9999400
Smart Scan Analysis for BSDUSD
Based on our trend formula, BSDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9994842 | 0.9994842 | 0.9994842 | 0.9994842 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9994842 | 2024-05-08 21:02:49 |