Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
US Dollar/ (FOREX:USDRSD)
Strong Downtrend (-100) - USDRSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDRSD continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 11th, 2022 at 113.13753
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 109.01680
The short-term trend has been DOWN since Mar 21st, 2023 at 109.35688
Smart Scan Analysis for USDRSD
Based on our trend formula, USDRSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).