Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
US Dollar/ (FOREX:USDAOA)
Weak Downtrend (-65) - USDAOA is showing signs of a strengthening downtrend. Monitor USDAOA as it may be building momentum to the downside.
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 Jan 29th, 2018 at 165.9225
The intermediate-term trend has been DOWN since Feb 20th, 2020 at 494.7555
The short-term trend has been DOWN since Feb 11th, 2020 at 495.7980
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).