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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Countertrend Down (-85) - BSDGBP 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 BSDGBP?

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

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

FOREX_BSDGBP
Open High Low BSDGBP Price Change
0.7848196 0.7848196 0.7848196 0.7848196 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term down The long-term trend has been DOWN since Dec 6th, 2023 at 0.7956897

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 0.7921373

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.7844412

Smart Scan Analysis for BSDGBP

Based on our trend formula, BSDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7848196 0.7848196 0.7848196 0.7848196 0.0000000
Prev. Close Volume Bid Ask Time
0.7848196 2024-03-18 08:26:00
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