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.
MarketClub’s Trade Triangles for BSDUSD
The long-term trend has been DOWN since Jun 13th, 2021 at 0.9978195
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.9978584
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).