Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
US Dollar/ (FOREX:USDAWG)
Weak Downtrend (-65) - USDAWG is showing signs of a strengthening downtrend. Monitor USDAWG as it may be building momentum to the downside.
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 Jun 10th, 2021 at 1.80125
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 1.80025
The short-term trend has been DOWN since Oct 20th, 2021 at 1.80025
Smart Scan Analysis for USDAWG
Based on our trend formula, USDAWG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).