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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Bull Market Weakness (+75) - SBDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SBDUSD as it may be in the beginning stages 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.

FOREX_SBDUSD
Open High Low SBDUSD Price Change
0.12515 0.12515 0.12515 0.12515 0.00000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term up The long-term trend has been UP since Jul 31st, 2020 at 0.1211

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 0.1246

short term up The short-term trend has been UP since Feb 23rd, 2021 at 0.1250

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).

+75
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12515 0.12515 0.12515 0.12515 0.00000
Prev. Close Volume Bid Ask Time
0.12540 2021-02-23 15:26:26
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