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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Solomon Islands Dollar (FOREX:USDSBD)

Crossroads (-60) - USDSBD 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 USDSBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSBD
Open High Low USDSBD Price Change
8.475946 8.475946 8.475946 8.475946 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSBD

long term down The long-term trend has been DOWN since Jul 10th, 2024 at 8.428942

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 8.439420

short term up The short-term trend has been UP since Jul 15th, 2024 at 8.435801

Smart Scan Analysis for USDSBD

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

-60
Smart Scan Analysis for USDSBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.475946 8.475946 8.475946 8.475946 0.000000
Prev. Close Volume Bid Ask Time
8.475946 2024-07-24 12:36:54
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