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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_USDBSD
Open High Low USDBSD Price Change
1.0000729 1.0000729 1.0000729 1.0000729 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term up The long-term trend has been UP since Jun 13th, 2021 at 1.0022194

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 1.0021812

short term up The short-term trend has been UP since Oct 11th, 2021 at 1.0001115

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).

+70
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0000729 1.0000729 1.0000729 1.0000729 0.0000000
Prev. Close Volume Bid Ask Time
1.0000729 2021-10-19 07:16:41
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