Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
US Dollar/ (FOREX:USDRSD)
Bull Market Weakness (+75) - USDRSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
MarketClub’s Trade Triangles for USDRSD
The long-term trend has been UP since Aug 9th, 2021 at 99.86286
The intermediate-term trend has been UP since Sep 21st, 2021 at 99.98469
The short-term trend has been UP since Sep 12th, 2021 at 99.39768
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).