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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.

FOREX_BSDGBP
Open High Low BSDGBP Price Change
0.8176709 0.8176709 0.8151446 0.8151446 -0.0025260
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.7772393

intermediate term up The intermediate-term trend has been UP since May 8th, 2020 at 0.8064385

short term up 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).

+80
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8176709 0.8176709 0.8151446 0.8151446 -0.0025260
Prev. Close Volume Bid Ask Time
0.8205053 0.8099502 0.8203390 2020-05-21 21:08:20
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