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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Crossroads (-60) - BSDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.0075927 1.0075927 1.0075927 1.0075927 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term up The long-term trend has been UP since Apr 6th, 2021 at 1.0048465

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2021 at 1.0001712

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 1.0003338

Smart Scan Analysis for BSDUSD

Based on our trend formula, BSDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0075927 1.0075927 1.0075927 1.0075927 0.0000000
Prev. Close Volume Bid Ask Time
1.0075927 2021-05-08 11:31:02
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