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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/ (FOREX:USDRSD)

Bull Market Weakness (+75) - USDRSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDRSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDRSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDRSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDRSD
Open High Low USDRSD Price Change
108.242 108.242 108.205 108.225 -0.017
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 106.56971

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 108.17800

short term up The short-term trend has been UP since Mar 27th, 2024 at 108.17800

Smart Scan Analysis for USDRSD

Based on our trend formula, USDRSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.242 108.242 108.205 108.225 -0.017
Prev. Close Volume Bid Ask Time
108.242 2024-03-28 02:05:36
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