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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BSDUSD
Open High Low BSDUSD Price Change
0.99969 0.99969 0.99651 0.99651 -0.00318
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term up The long term trend has been UP since Feb 3rd, 2017 at 1.005075

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2017 at 0.999065

short term down The short term trend has been DOWN since Mar 20th, 2017 at 0.999065

Smart Scan Analysis for BSDUSD

Based on a pre-defined weighted trend formula for chart analysis, BSDUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99969 0.99969 0.99651 0.99651 -0.00318
Prev. Close Volume Bid Ask Time
1.00235 0.99002 1.00300 2017-04-20 18:56:21
Want to analyze Bahamian Dollar/US Dollar BSDUSD or another symbol? Try our Free Forex Trend Analysis Report.