Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for BSDUSD
The long term trend has been UP since Nov 22nd, 2017 at 1.003540
The intermediate term trend has been DOWN since Dec 2nd, 2017 at 0.999840
The short term trend has been UP since Nov 22nd, 2017 at 1.000095
Smart Scan Analysis for BSDUSD
Based on a pre-defined weighted trend formula for chart analysis, BSDUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).