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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.12165 0.12170 0.12165 0.12170 +0.00005
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term down The long term trend has been DOWN since Mar 6th, 2019 at 0.1222

intermediate term down The intermediate term trend has been DOWN since May 3rd, 2019 at 0.1225

short term down The short term trend has been DOWN since Jun 6th, 2019 at 0.1220

Smart Scan Analysis for SBDUSD

Based on a pre-defined weighted trend formula for chart analysis, SBDUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12165 0.12170 0.12165 0.12170 +0.00005
Prev. Close Volume Bid Ask Time
0.12165 0.11730 0.12610 2019-06-19 16:48:22
Want to analyze Solomon Islands Dollar/US Dollar SBDUSD or another symbol? Try our Free Forex Trend Analysis Report.