Forex Trend Analysis Report
Prepared for you on Thursday, December 1, 2022.
US Dollar/ (FOREX:USDAOA)
Bull Market Weakness (+75) - USDAOA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDAOA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDAOA?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAOA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDAOA
The long-term trend has been UP since Oct 21st, 2022 at 432.01925
The intermediate-term trend has been UP since Sep 8th, 2022 at 429.42085
The short-term trend has been UP since Jul 22nd, 2022 at 419.59245
Smart Scan Analysis for USDAOA
Based on our trend formula, USDAOA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).