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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Sidelines Mode (+55) - BSDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BSDUSD
Open High Low BSDUSD Price Change
0.9998385 1.0002925 0.9998385 1.0002925 +0.0004540
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term up The long-term trend has been UP since Mar 7th, 2024 at 1.0041186

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.9994935

short term up The short-term trend has been UP since Mar 28th, 2024 at 1.0001467

Smart Scan Analysis for BSDUSD

Based on our trend formula, BSDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9998385 1.0002925 0.9998385 1.0002925 +0.0004540
Prev. Close Volume Bid Ask Time
0.9998385 2024-03-28 08:26:04
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