Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Weak Downtrend (-65) - SBDUSD is showing signs of a strengthening downtrend. Monitor SBDUSD as it may be building momentum to the downside.

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

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

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

FOREX_SBDUSD
Open High Low SBDUSD Price Change
0.118 0.118 0.118 0.118 0.000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term up The long-term trend has been UP since Jul 10th, 2024 at 0.11865

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 0.11850

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.11855

Smart Scan Analysis for SBDUSD

Based on our trend formula, SBDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.118 0.118 0.118 0.118 0.000
Prev. Close Volume Bid Ask Time
0.118 2024-07-24 12:36:54
Get a free daily analysis and signals for Solomon Islands Dollar/US Dollar (SBDUSD) - Request Your Free Report.