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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.

FOREX_BSDUSD
Open High Low BSDUSD Price Change
0.9998115 0.9998115 0.9998115 0.9998115 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term up The long-term trend has been UP since Jun 23rd, 2019 at 1.0065500

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 0.9984576

short term down 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).

-70
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9998115 0.9998115 0.9998115 0.9998115 0.0000000
Prev. Close Volume Bid Ask Time
0.9998115 0.9933742 1.0062488 2020-04-08 07:14:55
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