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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Bahamian Dollar (FOREX:USDBSD)
Bull Market Weakness (+75) - USDBSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBSD as it may be in the beginning stages of a reversal.
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 Apr 10th, 2024 at 1.0014710
The intermediate-term trend has been UP since Apr 9th, 2024 at 1.0008492
The short-term trend has been UP since Apr 18th, 2024 at 1.0003907
Smart Scan Analysis for USDBSD
Based on our trend formula, USDBSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9992729 | 0.9992729 | 0.9992729 | 0.9992729 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9949064 | 2024-04-22 21:00:59 |