Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Crossroads (-60) - USDBSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDBSD?

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

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

FOREX_USDBSD
Open High Low USDBSD Price Change
1.0002033 1.0002033 1.0002033 1.0002033 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term down The long-term trend has been DOWN since Mar 7th, 2024 at 0.9959392

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 1.0005484

short term up The short-term trend has been UP since Mar 12th, 2024 at 1.0005484

Smart Scan Analysis for USDBSD

Based on our trend formula, USDBSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0002033 1.0002033 1.0002033 1.0002033 0.0000000
Prev. Close Volume Bid Ask Time
1.0002033 2024-03-28 02:42:09
Get a free daily analysis and signals for US Dollar/Bahamian Dollar (USDBSD) - Request Your Free Report.