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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.

FOREX_USDBSD
Open High Low USDBSD Price Change
0.9996649 0.9996649 0.9996649 0.9996649 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term up The long-term trend has been UP since Dec 22nd, 2020 at 1.0051804

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 1.0017130

short term up 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).

+90
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways 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
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