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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Sidelines Mode (+50) - SBDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SBDUSD can gain momentum.

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
0.12125 0.12125 0.12125 0.12125 0.00000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term down The long-term trend has been DOWN since Dec 23rd, 2022 at 0.12150

intermediate term up The intermediate-term trend has been UP since Mar 10th, 2023 at 0.12150

short term up The short-term trend has been UP since Mar 10th, 2023 at 0.12115

Smart Scan Analysis for SBDUSD

Based on our trend formula, SBDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12125 0.12125 0.12125 0.12125 0.00000
Prev. Close Volume Bid Ask Time
0.12125 2023-03-30 10:58:50
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