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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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_USDBSD
Open High Low USDBSD Price Change
1.00045 1.00050 1.00045 1.00050 +0.00005
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term up The long term trend has been UP since Jan 2nd, 2019 at 1.00670

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2019 at 0.99751

short term up The short term trend has been UP since Jan 10th, 2019 at 0.99995

Smart Scan Analysis for USDBSD

Based on a pre-defined weighted trend formula for chart analysis, USDBSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00045 1.00050 1.00045 1.00050 +0.00005
Prev. Close Volume Bid Ask Time
1.00045 0.99340 1.00760 2019-01-15 08:25:53
Want to analyze US Dollar/Bahamian Dollar USDBSD or another symbol? Try our Free Forex Trend Analysis Report.