Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
/US Dollar (FOREX:RSDUSD)
Strong Downtrend (-100) - RSDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RSDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSDUSD
The long-term trend has been DOWN since Aug 9th, 2021 at 0.01001478
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.01000257
The short-term trend has been DOWN since Dec 3rd, 2021 at 0.00959825
Smart Scan Analysis for RSDUSD
Based on our trend formula, RSDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).