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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDBSD
Open High Low USDBSD Price Change
1.00113 1.00113 1.00113 1.00113 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term down The long term trend has been DOWN since Feb 3rd, 2017 at 0.995030

intermediate term down The intermediate term trend has been DOWN since Sep 7th, 2017 at 0.999695

short term down The short term trend has been DOWN since Sep 7th, 2017 at 0.999695

Smart Scan Analysis for USDBSD

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

-100
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00113 1.00113 1.00113 1.00113 0.00000
Prev. Close Volume Bid Ask Time
0.99946 0.99526 1.00700 2017-09-17 21:21:36
Want to analyze US Dollar/Bahamian Dollar USDBSD or another symbol? Try our Free Forex Trend Analysis Report.