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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Long-Term Downtrend (-90) - SBDUSD is in a strong downtrend that is likely to continue. While SBDUSD 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 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
0.12265 0.12265 0.12265 0.12265 0.00000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term down The long-term trend has been DOWN since May 12th, 2022 at 0.12325

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 0.12315

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 0.12315

Smart Scan Analysis for SBDUSD

Based on our trend formula, SBDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12265 0.12265 0.12265 0.12265 0.00000
Prev. Close Volume Bid Ask Time
0.12265 2022-06-27 09:56:52
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