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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 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.
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MarketClub’s Trade Triangles for USDSBD
The long-term trend has been DOWN since Jul 10th, 2024 at 8.428942
The intermediate-term trend has been UP since Oct 15th, 2024 at 8.309731
The short-term trend has been UP since Oct 15th, 2024 at 8.299327
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.383555 | 8.383555 | 8.383555 | 8.383555 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.369520 | 2024-11-14 12:05:41 |