Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Strong Downtrend (-100) - BSDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.9999631 0.9999631 0.9999631 0.9999631 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since Jun 13th, 2021 at 0.9978195

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.9978584

short term down The short-term trend has been DOWN since Oct 11th, 2021 at 0.9999245

Smart Scan Analysis for BSDUSD

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

-100
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9999631 0.9999631 0.9999631 0.9999631 0.0000000
Prev. Close Volume Bid Ask Time
0.9999631 2021-10-19 07:16:41
Get a free daily analysis and signals for Bahamian Dollar/US Dollar (BSDUSD) - Request Your Free Report.