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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)
Crossroads (-60) - SBDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 10th, 2024 at 0.11865
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 0.12035
The short-term trend has been DOWN since Oct 15th, 2024 at 0.12050
Smart Scan Analysis for SBDUSD
Based on our trend formula, SBDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1193 | 0.1193 | 0.1193 | 0.1193 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1195 | 2024-11-14 12:05:41 |