Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Bahamian Dollar/British Pound (FOREX:BSDGBP)
Countertrend Up (+85) - BSDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 16th, 2020 at 0.7772393
The intermediate-term trend has been UP since May 8th, 2020 at 0.8064385
The short-term trend has been UP since May 8th, 2020 at 0.8064385
Smart Scan Analysis for BSDGBP
Based on our trend formula, BSDGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).