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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

US Dollar/Haitian Gourde (FOREX:USDHTG)

Countertrend Up (+85) - USDHTG 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 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.

FOREX_USDHTG
Open High Low USDHTG Price Change
133.22771 133.22771 133.17742 133.17742 -0.05029
Entry Signal

MarketClub’s Trade Triangles for USDHTG

long term up The long-term trend has been UP since Feb 27th, 2024 at 132.82068

intermediate term up The intermediate-term trend has been UP since May 21st, 2024 at 132.72328

short term up The short-term trend has been UP since May 12th, 2024 at 132.43193

Smart Scan Analysis for USDHTG

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

+80
Smart Scan Analysis for USDHTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.22771 133.22771 133.17742 133.17742 -0.05029
Prev. Close Volume Bid Ask Time
133.22771 2024-05-21 21:51:54
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