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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.

FOREX_USDRSD
Open High Low USDRSD Price Change
107.86 108.15 107.84 107.94 +0.08
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long-term trend has been UP since Mar 19th, 2020 at 109.065

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 107.150

short term up 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).

-55
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.86 108.15 107.84 107.94 +0.08
Prev. Close Volume Bid Ask Time
107.86 107.44 108.44 2020-05-25 05:25:56
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