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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

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.

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FOREX_BSDUSD
Open High Low BSDUSD Price Change
0.9998255 0.9998255 0.9968224 0.9968224 -0.0030030
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since May 13th, 2020 at 0.9978764

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.9975374

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 1.0000429

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
0.9998255 0.9998255 0.9968224 0.9968224 -0.0030030
Prev. Close Volume Bid Ask Time
0.9998255 2020-11-30 21:00:28
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