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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

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, BSDUSD 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
0.9999020 0.9999020 0.9945321 0.9945321 -0.0053700
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since Jun 28th, 2022 at 0.9952209

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2022 at 1.0006971

short term down The short-term trend has been DOWN since Jun 8th, 2022 at 0.9996561

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
0.9999020 0.9999020 0.9945321 0.9945321 -0.0053700
Prev. Close Volume Bid Ask Time
0.9999020 2022-06-28 21:10:07
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