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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

US Dollar/ (FOREX:USDAWG)

Sidelines Mode (+55) - USDAWG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDAWG?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAWG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAWG
Open High Low USDAWG Price Change
1.7975 1.7975 1.7975 1.7975 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDAWG

long term up The long-term trend has been UP since Aug 2nd, 2022 at 1.80050

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2022 at 1.79625

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 1.80000

Smart Scan Analysis for USDAWG

Based on our trend formula, USDAWG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7975 1.7975 1.7975 1.7975 0.0000
Prev. Close Volume Bid Ask Time
1.7975 2022-08-09 10:16:49
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