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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Sidelines Mode (+50) - BSDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BSDUSD can gain momentum.

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
1.0063776 1.0063776 1.0063776 1.0063776 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BSDUSD

long term down The long-term trend has been DOWN since May 13th, 2020 at 0.9978764

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 1.0019708

short term up The short-term trend has been UP since May 18th, 2020 at 1.0019708

Smart Scan Analysis for BSDUSD

Based on our trend formula, BSDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0063776 1.0063776 1.0063776 1.0063776 0.0000000
Prev. Close Volume Bid Ask Time
1.0063776 0.9999774 1.0127777 2020-05-28 21:09:25
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