Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Solomon Islands Dollar/US Dollar (FOREX:SBDUSD)
Strong Uptrend (+100) - SBDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SBDUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Jul 31st, 2020 at 0.12110
The intermediate-term trend has been UP since Mar 2nd, 2021 at 0.12525
The short-term trend has been UP since Feb 23rd, 2021 at 0.12500
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).