Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/ (FOREX:USDAOA)
Strong Uptrend (+100) - USDAOA is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDAOA 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 USDAOA?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAOA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDAOA
The long-term trend has been UP since Dec 7th, 2023 at 832.0
The intermediate-term trend has been UP since Mar 6th, 2024 at 832.0
The short-term trend has been UP since Mar 27th, 2024 at 836.5
Smart Scan Analysis for USDAOA
Based on our trend formula, USDAOA is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 834.06 | 838.50 | 834.06 | 838.50 | +4.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 834.06 | 2024-05-08 12:13:42 |