Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
US Dollar/ (FOREX:USDAWG)
Countertrend Up (+85) - USDAWG 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 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 Feb 19th, 2020 at 1.80000
Smart Scan Analysis for USDAWG
Based on our trend formula, USDAWG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).