Forex Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Weak Downtrend (-65) - BSDUSD is showing signs of a strengthening downtrend. Monitor BSDUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BSDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BSDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BSDUSD
The long-term trend has been UP since Jun 23rd, 2019 at 1.0065500
The intermediate-term trend has been DOWN since Mar 31st, 2020 at 0.9984576
The short-term trend has been DOWN since Apr 6th, 2020 at 0.9996297
Smart Scan Analysis for BSDUSD
Based on our trend formula, BSDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).