Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
/US Dollar (FOREX:AMDUSD)
Bull Market Weakness (+75) - AMDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AMDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AMDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMDUSD
The long-term trend has been DOWN since Dec 22nd, 2019 at 0.00209600
The intermediate-term trend has been UP since May 24th, 2020 at 0.00207660
The short-term trend has been UP since May 18th, 2020 at 0.00206002
Smart Scan Analysis for AMDUSD
Based on our trend formula, AMDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).