Free Daily Analysis

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.

FOREX_USDRSD
Open High Low USDRSD Price Change
107.61095 107.69000 107.53000 107.53000 -0.08095
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 113.13753

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2023 at 109.01680

short term down 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).

-100
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.61095 107.69000 107.53000 107.53000 -0.08095
Prev. Close Volume Bid Ask Time
107.61095 2023-03-23 01:36:32
Get a free daily analysis and signals for US Dollar/ (USDRSD) - Request Your Free Report.