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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Long-Term Downtrend (-90) - BSDUSD is in a strong downtrend that is likely to continue. While BSDUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for BSDUSD
The long-term trend has been DOWN since Nov 8th, 2024 at 0.9949885
The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.9988626
The short-term trend has been DOWN since Jan 7th, 2025 at 0.9988626
Smart Scan Analysis for BSDUSD
Based on our trend formula, BSDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9989153 | 0.9989153 | 0.9989153 | 0.9989153 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9989153 | 2025-01-14 07:25:20 |