Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Bahamian Dollar/British Pound (FOREX:BSDGBP)
Weak Downtrend (-65) - BSDGBP is showing signs of a strengthening downtrend. Monitor BSDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BSDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSDGBP
The long-term trend has been UP since Jul 19th, 2021 at 0.7268209
The intermediate-term trend has been DOWN since Oct 19th, 2021 at 0.7290020
The short-term trend has been DOWN since Oct 11th, 2021 at 0.7360047
Smart Scan Analysis for BSDGBP
Based on our trend formula, BSDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).