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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Crossroads (+60) - BSDGBP 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 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
0.7919215 0.7919496 0.7919215 0.7919496 +0.0000280
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.7809859

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.7876697

short term up The short-term trend has been UP since Jun 16th, 2024 at 0.7849835

Smart Scan Analysis for BSDGBP

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

+60
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7919215 0.7919496 0.7919215 0.7919496 +0.0000280
Prev. Close Volume Bid Ask Time
0.7897913 2024-06-23 21:00:31
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