Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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.
MarketClub’s Trade Triangles for USDKGS
The long-term trend has been UP since Mar 11th, 2020 at 69.8500
The intermediate-term trend has been DOWN since Feb 10th, 2021 at 84.5260
The short-term trend has been DOWN since Feb 4th, 2021 at 84.7977
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).