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Forex Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

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
0.1239 0.1239 0.1239 0.1239 0.0000
Entry Signal

MarketClub’s Trade Triangles for SBDUSD

long term up The long-term trend has been UP since Nov 5th, 2021 at 0.12460

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2021 at 0.12440

short term down The short-term trend has been DOWN since Nov 8th, 2021 at 0.12455

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
0.1239 0.1239 0.1239 0.1239 0.0000
Prev. Close Volume Bid Ask Time
0.1239 2021-12-07 11:35:31
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