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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_USDBSD
Open High Low USDBSD Price Change
0.99816 0.99816 0.99816 0.99816 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term up The long term trend has been UP since Jan 2nd, 2019 at 1.006700

intermediate term down The intermediate term trend has been DOWN since Apr 29th, 2019 at 0.998850

short term up The short term trend has been UP since May 15th, 2019 at 1.000565

Smart Scan Analysis for USDBSD

Based on a pre-defined weighted trend formula for chart analysis, USDBSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99816 0.99816 0.99816 0.99816 0.00000
Prev. Close Volume Bid Ask Time
0.99816 0.99192 1.00440 2019-05-25 11:00:37
Want to analyze US Dollar/Bahamian Dollar USDBSD or another symbol? Try our Free Forex Trend Analysis Report.