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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 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
1.00005 1.00005 1.00005 1.00005 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBSD

long term down The long term trend has been DOWN since Jun 2nd, 2019 at 0.996985

intermediate term down The intermediate term trend has been DOWN since Jun 23rd, 2019 at 0.995200

short term up The short term trend has been UP since Aug 11th, 2019 at 0.999815

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
1.00005 1.00005 1.00005 1.00005 0.00000
Prev. Close Volume Bid Ask Time
1.00345 0.99370 1.00640 2019-08-13 13:25:36
Want to analyze US Dollar/Bahamian Dollar USDBSD or another symbol? Try our Free Forex Trend Analysis Report.