Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US Dollar/Solomon Islands Dollar (FOREX:USDSBD)
Strong Uptrend (+100) - USDSBD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDSBD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Apr 1st, 2020 at 8.335649
The intermediate-term trend has been UP since May 15th, 2020 at 8.335649
The short-term trend has been UP since May 22nd, 2020 at 8.340287
Smart Scan Analysis for USDSBD
Based on our trend formula, USDSBD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).