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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

US Dollar/ (FOREX:USDRSD)

Weak Uptrend (+65) - USDRSD is showing signs of weakening momentum to the upside. Monitor USDRSD as it may be in the beginning stages of a reversal.

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
103.85656 103.88017 103.68500 103.74000 -0.11656
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long-term trend has been UP since Aug 9th, 2021 at 99.86286

intermediate term down The intermediate-term trend has been DOWN since Dec 29th, 2021 at 103.50500

short term up The short-term trend has been UP since Jan 18th, 2022 at 103.27780

Smart Scan Analysis for USDRSD

Based on our trend formula, USDRSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.85656 103.88017 103.68500 103.74000 -0.11656
Prev. Close Volume Bid Ask Time
103.85656 2022-01-21 04:15:51
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