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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bahamian Dollar/British Pound (FOREX:BSDGBP)
Countertrend Down (-85) - BSDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for BSDGBP
The long-term trend has been DOWN since Jun 9th, 2024 at 0.7809859
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.7837752
The short-term trend has been UP since Jul 21st, 2024 at 0.7708640
Smart Scan Analysis for BSDGBP
Based on our trend formula, BSDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7771970 | 0.7772523 | 0.7771970 | 0.7772523 | +0.0000550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7771970 | 2024-07-26 14:00:15 |