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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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
852.4841 852.4841 852.4841 852.4841 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDAOA

long term up The long-term trend has been UP since Dec 7th, 2023 at 832.0

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 832.0

short term down The short-term trend has been DOWN since Jun 7th, 2024 at 854.5

Smart Scan Analysis for USDAOA

Based on our trend formula, USDAOA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDAOA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
852.4841 852.4841 852.4841 852.4841 0.0000
Prev. Close Volume Bid Ask Time
852.4841 852.4841 852.4841 2024-06-17 10:37:01
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