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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Weak Downtrend (-65) - BSDGBP is showing signs of a strengthening downtrend. Monitor BSDGBP as it may be building momentum to the downside.

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
0.8087326 0.8087326 0.8087326 0.8087326 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term up The long-term trend has been UP since Mar 3rd, 2023 at 0.8309774

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.8250098

short term down The short-term trend has been DOWN since Mar 17th, 2023 at 0.8330608

Smart Scan Analysis for BSDGBP

Based on our trend formula, BSDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8087326 0.8087326 0.8087326 0.8087326 0.0000000
Prev. Close Volume Bid Ask Time
0.8087326 2023-03-31 08:20:33
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