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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

US Dollar/ (FOREX:USDAZN)

Weak Downtrend (-65) - USDAZN is showing signs of a strengthening downtrend. Monitor USDAZN as it may be building momentum to the downside.

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 up The long-term trend has been UP since May 11th, 2018 at 1.7001

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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
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 2021-02-25 04:26:01
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