Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
/US Dollar (FOREX:SLLUSD)
Weak Downtrend (-65) - SLLUSD is showing signs of a strengthening downtrend. Monitor SLLUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SLLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SLLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SLLUSD
The long-term trend has been DOWN since May 8th, 2020 at 0.00010263
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 0.00010254
The short-term trend has been UP since Feb 11th, 2021 at 0.00009776
Smart Scan Analysis for SLLUSD
Based on our trend formula, SLLUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).