Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
US Dollar/ (FOREX:USDAWG)
Crossroads (-60) - USDAWG is struggling to move into a solid trend. Beware of choppy markets 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.
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 DOWN since Sep 3rd, 2020 at 1.80000
The short-term trend has been DOWN since Mar 5th, 2021 at 1.80000
Smart Scan Analysis for USDAWG
Based on our trend formula, USDAWG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).