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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Crossroads (-60) - USDBSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.9990179 0.9990179 0.9989992 0.9989992 -0.0000190
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term up The long-term trend has been UP since Apr 10th, 2024 at 1.0014710

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.9985862

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 0.9985862

Smart Scan Analysis for USDBSD

Based on our trend formula, USDBSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9990179 0.9990179 0.9989992 0.9989992 -0.0000190
Prev. Close Volume Bid Ask Time
0.9995994 2024-06-23 21:00:31
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