Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
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, SHORTSYMBOL 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 Mar 15th, 2021 at 648.000
The intermediate-term trend has been DOWN since Jul 12th, 2021 at 643.124
The short-term trend has been DOWN since Jul 5th, 2021 at 645.096
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).