Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
US Dollar/Solomon Islands Dollar (FOREX:USDSBD)
Sidelines Mode (-55) - USDSBD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
MarketClub’s Trade Triangles for USDSBD
The long-term trend has been UP since Feb 21st, 2024 at 8.514493
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 8.467892
The short-term trend has been UP since Mar 18th, 2024 at 8.457605
Smart Scan Analysis for USDSBD
Based on our trend formula, USDSBD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.465274 | 8.465274 | 8.465274 | 8.465274 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
8.465274 | 2024-03-27 16:18:04 |