Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Countertrend Down (-85) - BSDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for BSDUSD
The long-term trend has been DOWN since Nov 8th, 2024 at 0.9949885
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.9988626
The short-term trend has been UP since Jan 19th, 2025 at 0.9999976
Smart Scan Analysis for BSDUSD
Based on our trend formula, BSDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0000947 | 1.0000947 | 1.0000947 | 1.0000947 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9995085 | 2025-01-19 11:30:04 |