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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Strong Downtrend (-100) - USDBSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDBSD continues to fall. 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.

FOREX_USDBSD
Open High Low USDBSD Price Change
0.9964866 0.9964866 0.9964866 0.9964866 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term down The long-term trend has been DOWN since Jun 15th, 2023 at 0.9962045

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2023 at 0.9997409

short term down The short-term trend has been DOWN since Sep 10th, 2023 at 0.9997409

Smart Scan Analysis for USDBSD

Based on our trend formula, USDBSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9964866 0.9964866 0.9964866 0.9964866 0.0000000
Prev. Close Volume Bid Ask Time
0.9964866 2023-09-23 13:03:35
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