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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Bahamian Dollar (FOREX:USDBSD)
Long-Term Downtrend (-90) - USDBSD is in a strong downtrend that is likely to continue. While USDBSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 11th, 2025 at 0.9973858
The intermediate-term trend has been DOWN since Feb 6th, 2025 at 0.9981438
The short-term trend has been DOWN since Feb 6th, 2025 at 1.0006927
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 |
|---|---|---|---|---|
| 1.0003344 | 1.0003344 | 1.0003344 | 1.0003344 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0003344 | 2025-02-22 01:41:05 |