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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

US Dollar/ (FOREX:USDRSD)

Weak Downtrend (-65) - USDRSD is showing signs of a strengthening downtrend. Monitor USDRSD as it may be building momentum to the downside.

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
106.56971 106.56971 106.56971 106.56971 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long-term trend has been UP since Sep 14th, 2023 at 110.00000

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 110.14858

short term down The short-term trend has been DOWN since Nov 3rd, 2023 at 109.85800

Smart Scan Analysis for USDRSD

Based on our trend formula, USDRSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.56971 106.56971 106.56971 106.56971 0.00000
Prev. Close Volume Bid Ask Time
106.56971 2023-11-28 17:29:17
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