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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Crossroads (-60) - BSDUSD 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 BSDUSD?

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

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

FOREX_BSDUSD
Open High Low BSDUSD Price Change
1.0010074 1.0010074 1.0010074 1.0010074 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since Nov 8th, 2024 at 0.9949885

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2024 at 0.9999208

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.9999208

Smart Scan Analysis for BSDUSD

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

-60
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0010074 1.0010074 1.0010074 1.0010074 0.0000000
Prev. Close Volume Bid Ask Time
1.0016327 2024-12-24 21:00:04
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