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.
MarketClub’s Trade Triangles for SBDUSD
The long-term trend has been UP since Nov 5th, 2021 at 0.12460
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 0.12440
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).