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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SBDUSD
Open High Low SBDUSD Price Change
0.12175 0.12175 0.12175 0.12175 0.00000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term down The long term trend has been DOWN since Jun 26th, 2019 at 0.1216

intermediate term up The intermediate term trend has been UP since Aug 5th, 2019 at 0.1216

short term up The short term trend has been UP since Jul 24th, 2019 at 0.1211

Smart Scan Analysis for SBDUSD

Based on a pre-defined weighted trend formula for chart analysis, SBDUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12175 0.12175 0.12175 0.12175 0.00000
Prev. Close Volume Bid Ask Time
0.12165 0.11680 0.12670 2019-08-05 13:28:51
Want to analyze Solomon Islands Dollar/US Dollar SBDUSD or another symbol? Try our Free Forex Trend Analysis Report.