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.
MarketClub’s Trade Triangles for USDAOA
The long-term trend has been UP since Jan 29th, 2018 at 165.9225
The intermediate-term trend has been UP since May 18th, 2020 at 560.0000
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).