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.
MarketClub’s Trade Triangles for BSDGBP
The long-term trend has been DOWN since Jul 9th, 2020 at 0.7912114
The intermediate-term trend has been DOWN since Oct 13th, 2020 at 0.7733862
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).