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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

US Dollar/ (FOREX:USDKGS)

Crossroads (-60) - USDKGS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_USDKGS
Open High Low USDKGS Price Change
88.8176 88.8176 88.8176 88.8176 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDKGS

long term up The long-term trend has been UP since Jul 17th, 2023 at 87.59

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 89.32

short term down The short-term trend has been DOWN since Nov 20th, 2023 at 89.32

Smart Scan Analysis for USDKGS

Based on our trend formula, USDKGS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDKGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.8176 88.8176 88.8176 88.8176 0.0000
Prev. Close Volume Bid Ask Time
89.0372 88.8176 88.8176 2023-11-23 05:29:19
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