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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/ (FOREX:USDAOA)

Countertrend Up (+85) - USDAOA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDAOA
Open High Low USDAOA Price Change
572.986 572.986 572.986 572.986 0.000
Entry Signal

MarketClub’s Trade Triangles for USDAOA

long term up The long-term trend has been UP since Jan 29th, 2018 at 165.9225

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 560.0000

short term up The short-term trend has been UP since May 18th, 2020 at 560.0000

Smart Scan Analysis for USDAOA

Based on our trend formula, USDAOA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDAOA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
572.986 572.986 572.986 572.986 0.000
Prev. Close Volume Bid Ask Time
579.425 567.986 577.986 2020-05-18 10:50:41
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