Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for USDRSD
The long-term trend has been UP since Mar 19th, 2020 at 109.065
The intermediate-term trend has been DOWN since May 19th, 2020 at 107.150
The short-term trend has been UP since May 22nd, 2020 at 107.780
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).