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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Strong Downtrend (-100) - BSDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.

FOREX_BSDGBP
Open High Low BSDGBP Price Change
0.7496132 0.7496132 0.7496132 0.7496132 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.7912114

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.7733862

short term down The short-term trend has been DOWN since Nov 11th, 2020 at 0.7642732

Smart Scan Analysis for BSDGBP

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

-100
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7496132 0.7496132 0.7496132 0.7496132 0.0000000
Prev. Close Volume Bid Ask Time
0.7496132 2020-11-24 07:14:32
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