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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Sidelines Mode (+55) - BSDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BSDGBP
Open High Low BSDGBP Price Change
0.7873959 0.7873959 0.7873959 0.7873959 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term up The long-term trend has been UP since Nov 20th, 2024 at 0.7888297

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2024 at 0.7892768

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.7524599

Smart Scan Analysis for BSDGBP

Based on our trend formula, BSDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7873959 0.7873959 0.7873959 0.7873959 0.0000000
Prev. Close Volume Bid Ask Time
0.7873959 2024-12-02 07:25:12
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