Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)
Strong Downtrend (-100) - SBDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SBDUSD
The long-term trend has been DOWN since May 15th, 2020 at 0.12000
The intermediate-term trend has been DOWN since May 15th, 2020 at 0.12000
The short-term trend has been DOWN since May 22nd, 2020 at 0.11995
Smart Scan Analysis for SBDUSD
Based on our trend formula, SBDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).