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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

US Dollar/ (FOREX:USDAZN)

Strong Downtrend (-100) - USDAZN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDAZN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAZN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAZN
Open High Low USDAZN Price Change
1.7 1.7 1.7 1.7 0.0
Entry Signal

MarketClub’s Trade Triangles for USDAZN

long term down The long-term trend has been DOWN since Nov 20th, 2018 at 1.7025

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2018 at 1.7025

short term down The short-term trend has been DOWN since Nov 20th, 2018 at 1.7025

Smart Scan Analysis for USDAZN

Based on our trend formula, USDAZN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDAZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7 1.7 1.7 1.7 0.0
Prev. Close Volume Bid Ask Time
1.7 1.7 1.7 2021-10-15 06:56:32
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