Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
US Dollar/ (FOREX:USDAOA)
Strong Downtrend (-100) - USDAOA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDAOA continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 20th, 2023 at 824.459
The intermediate-term trend has been DOWN since Nov 20th, 2023 at 827.070
The short-term trend has been DOWN since Nov 28th, 2023 at 831.000
Smart Scan Analysis for USDAOA
Based on our trend formula, USDAOA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).