Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
US Dollar/Haitian Gourde (FOREX:USDHTG)
Sidelines Mode (+50) - USDHTG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDHTG can gain momentum.
Is it time to buy, sell, or avoid USDHTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDHTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDHTG
The long-term trend has been DOWN since Sep 18th, 2020 at 107.238050
The intermediate-term trend has been UP since Nov 2nd, 2020 at 63.006959
The short-term trend has been UP since Nov 11th, 2020 at 63.805519
Smart Scan Analysis for USDHTG
Based on our trend formula, USDHTG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).