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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

US Dollar/ (FOREX:USDRSD)

Countertrend Up (+85) - USDRSD 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 USDRSD?

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

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

FOREX_USDRSD
Open High Low USDRSD Price Change
99.11824 99.11824 99.11824 99.11824 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long-term trend has been UP since Mar 5th, 2021 at 98.35000

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2021 at 97.74589

short term up The short-term trend has been UP since Mar 1st, 2021 at 97.27820

Smart Scan Analysis for USDRSD

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

+80
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.11824 99.11824 99.11824 99.11824 0.00000
Prev. Close Volume Bid Ask Time
99.11824 2021-03-08 07:19:09
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