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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
US Dollar/ (FOREX:USDRSD)
Sidelines Mode (+55) - USDRSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDRSD
The long-term trend has been DOWN since Jul 12th, 2024 at 107.281
The intermediate-term trend has been UP since Oct 4th, 2024 at 106.331
The short-term trend has been DOWN since Oct 25th, 2024 at 108.013
Smart Scan Analysis for USDRSD
Based on our trend formula, USDRSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 108.150 | 108.348 | 107.990 | 108.341 | +0.191 |
| Prev. Close | Volume | Bid | Ask | Time |
| 108.150 | 2024-10-25 14:52:31 |