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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

US Dollar/ (FOREX:USDAMD)

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

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

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

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

FOREX_USDAMD
Open High Low USDAMD Price Change
501.23835 501.55000 501.23835 501.55000 +0.31165
Entry Signal

MarketClub’s Trade Triangles for USDAMD

long term up The long-term trend has been UP since Dec 9th, 2019 at 478.58500

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2020 at 479.46607

short term up The short-term trend has been UP since Mar 2nd, 2020 at 478.42040

Smart Scan Analysis for USDAMD

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

+70
Smart Scan Analysis for USDAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
501.23835 501.55000 501.23835 501.55000 +0.31165
Prev. Close Volume Bid Ask Time
501.23835 501.55000 501.55000 2020-04-06 08:50:21
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