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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.

FOREX_USDAWG
Open High Low USDAWG Price Change
1.80000 1.80000 1.79875 1.80000 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDAWG

long term up The long-term trend has been UP since Feb 11th, 2020 at 1.80125

intermediate term up The intermediate-term trend has been UP since Feb 11th, 2020 at 1.80125

short term up 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).

+80
Smart Scan Analysis for USDAWG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.80000 1.80000 1.79875 1.80000 0.00000
Prev. Close Volume Bid Ask Time
1.80000 1.79000 1.81000 2020-02-24 11:12:31
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