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Forex Trend Analysis Report

Prepared for you on Saturday, September 14, 2024.

Bahamian Dollar/British Pound (FOREX:BSDGBP)

Strong Downtrend (-100) - BSDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BSDGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BSDGBP?

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

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

FOREX_BSDGBP
Open High Low BSDGBP Price Change
0.761933 0.761933 0.760896 0.761933 0.000000
Entry Signal

MarketClub’s Trade Triangles for BSDGBP

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.7809859

intermediate term down The intermediate-term trend has been DOWN since Aug 20th, 2024 at 0.7750451

short term down The short-term trend has been DOWN since Sep 14th, 2024 at 0.7622407

Smart Scan Analysis for BSDGBP

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

-100
Smart Scan Analysis for BSDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.761933 0.761933 0.760896 0.761933 0.000000
Prev. Close Volume Bid Ask Time
0.761933 2024-09-14 08:41:44
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