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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

US Dollar/ (FOREX:USDCLY)

Countertrend Up (+85) - USDCLY 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 USDCLY?

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

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

FOREX_USDCLY
Open High Low USDCLY Price Change
6.70965 6.70965 6.70965 6.70965 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCLY

long term up The long-term trend has been UP since Apr 25th, 2022 at 6.38350

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2022 at 6.32925

short term up The short-term trend has been UP since Jun 21st, 2022 at 6.68640

Smart Scan Analysis for USDCLY

Based on our trend formula, USDCLY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDCLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.70965 6.70965 6.70965 6.70965 0.00000
Prev. Close Volume Bid Ask Time
6.70965 2022-06-22 10:17:23
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