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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

US Dollar/Bahamian Dollar (FOREX:USDBSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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
0.9998636 0.9998636 0.9998636 0.9998636 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 0.9969850

intermediate term up The intermediate term trend has been UP since Oct 21st, 2019 at 1.0000000

short term down The short term trend has been DOWN since Nov 14th, 2019 at 1.0000545

Smart Scan Analysis for USDBSD

Based on a pre-defined weighted trend formula for chart analysis, USDBSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9998636 0.9998636 0.9998636 0.9998636 0.0000000
Prev. Close Volume Bid Ask Time
0.9982536 0.9934950 1.0062321 2019-11-14 07:16:12
Want to analyze US Dollar/Bahamian Dollar USDBSD or another symbol? Try our Free Forex Trend Analysis Report.