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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2025.

Bahamian Dollar/US Dollar (FOREX:BSDUSD)

Bear Market Rally (-75) - BSDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BSDUSD as it may be in the beginning of a reversal.

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
1.0000947 1.0000947 1.0000947 1.0000947 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 down The intermediate-term trend has been DOWN since Jan 7th, 2025 at 0.9988626

short term up The short-term trend has been UP since Jan 19th, 2025 at 0.9999976

Smart Scan Analysis for BSDUSD

Based on our trend formula, BSDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0000947 1.0000947 1.0000947 1.0000947 0.0000000
Prev. Close Volume Bid Ask Time
1.0000947 2025-01-19 11:30:04
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