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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

/US Dollar (FOREX:RSDUSD)

Countertrend Down (-85) - RSDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_RSDUSD
Open High Low RSDUSD Price Change
0.00905554 0.00905554 0.00905075 0.00905496 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for RSDUSD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.00920035

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00940686

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.00906042

Smart Scan Analysis for RSDUSD

Based on our trend formula, RSDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00905554 0.00905554 0.00905075 0.00905496 -0.00000100
Prev. Close Volume Bid Ask Time
0.00905554 2024-11-20 01:51:24
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