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Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Bahamian Dollar (FOREX:USDBSD)
Long-Term Uptrend (+90) - USDBSD is in a strong uptrend that is likely to continue. While USDBSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDBSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBSD.
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 USDBSD
The long-term trend has been UP since Dec 22nd, 2020 at 1.0051804
The intermediate-term trend has been UP since Feb 16th, 2021 at 1.0017130
The short-term trend has been UP since Feb 16th, 2021 at 1.0001900
Smart Scan Analysis for USDBSD
Based on our trend formula, USDBSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9996649 | 0.9996649 | 0.9996649 | 0.9996649 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9996649 | 2021-02-25 07:31:39 |