Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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 Aug 13th, 2018 at 249.1605
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 664.6640
The short-term trend has been DOWN since Jan 26th, 2021 at 656.3800
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).