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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Bahamian Dollar/British Pound (FOREX:BSDGBP)
Sidelines Mode (+50) - BSDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BSDGBP can gain momentum.
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 UP since Oct 9th, 2024 at 0.7619330
The short-term trend has been UP since Oct 4th, 2024 at 0.7524599
Smart Scan Analysis for BSDGBP
Based on our trend formula, BSDGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7710358 | 0.7710358 | 0.7710358 | 0.7710358 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7888594 | 2024-11-09 14:52:04 |