Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
US Dollar/Netherlands Antillian Guilder (FOREX:USDANG)
Sidelines Mode (+50) - USDANG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDANG can gain momentum.
Is it time to buy, sell, or avoid USDANG?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDANG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDANG
The long-term trend has been DOWN since Jul 2nd, 2023 at 1.7956134
The intermediate-term trend has been UP since Nov 23rd, 2023 at 1.8033832
The short-term trend has been UP since Nov 23rd, 2023 at 1.8033701
Smart Scan Analysis for USDANG
Based on our trend formula, USDANG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).