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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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
1.002305 1.002305 1.002305 1.002305 0.000000
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 up The intermediate term trend has been UP since Sep 7th, 2017 at 1.000340

short term up The short term trend has been UP since Sep 7th, 2017 at 1.000340

Smart Scan Analysis for BSDUSD

Based on a pre-defined weighted trend formula for chart analysis, BSDUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.002305 1.002305 1.002305 1.002305 0.000000
Prev. Close Volume Bid Ask Time
1.003615 0.996310 1.008300 2017-10-07 18:17:18
Want to analyze Bahamian Dollar/US Dollar BSDUSD or another symbol? Try our Free Forex Trend Analysis Report.