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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

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
0.9998752 0.9998752 0.9991611 0.9991611 -0.0007140
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since Oct 24th, 2023 at 0.9978219

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2023 at 0.9994380

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 0.9994380

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
0.9998752 0.9998752 0.9991611 0.9991611 -0.0007140
Prev. Close Volume Bid Ask Time
0.9991611 2023-12-08 22:32:22
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