Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US Dollar/ (FOREX:USDAWG)
Long-Term Uptrend (+90) - USDAWG is in a strong uptrend that is likely to continue. While USDAWG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDAWG
The long-term trend has been UP since Feb 11th, 2020 at 1.80125
The intermediate-term trend has been UP since Feb 11th, 2020 at 1.80125
The short-term trend has been UP since May 7th, 2020 at 1.80000
Smart Scan Analysis for USDAWG
Based on our trend formula, USDAWG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).