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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Bahamian Dollar/US Dollar (FOREX:BSDUSD)
Strong Downtrend (-100) - BSDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BSDUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BSDUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.9985724
The intermediate-term trend has been DOWN since Apr 9th, 2024 at 0.9991936
The short-term trend has been DOWN since Apr 18th, 2024 at 0.9996528
Smart Scan Analysis for BSDUSD
Based on our trend formula, BSDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0002772 | 1.0002772 | 0.9965397 | 0.9965397 | -0.0037370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0002772 | 2024-04-18 21:07:18 |