Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)
Bear Market Rally (-75) - SBDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SBDUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SBDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBDUSD.
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 SBDUSD
The long-term trend has been DOWN since Feb 21st, 2024 at 0.11750
The intermediate-term trend has been UP since Mar 11th, 2024 at 0.11810
The short-term trend has been DOWN since Mar 18th, 2024 at 0.11825
Smart Scan Analysis for SBDUSD
Based on our trend formula, SBDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.11815 | 0.11815 | 0.11815 | 0.11815 | 0.00000 |
Prev. Close | Volume | Bid | Ask | Time |
0.11815 | 2024-03-27 16:18:04 |