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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

US Dollar/ (FOREX:USDSDG)

Strong Downtrend (-100) - USDSDG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDSDG continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDSDG?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSDG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSDG
Open High Low USDSDG Price Change
585.5 585.5 585.5 585.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDSDG

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 600.0

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 600.5

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 600.5

Smart Scan Analysis for USDSDG

Based on our trend formula, USDSDG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
585.5 585.5 585.5 585.5 0.0
Prev. Close Volume Bid Ask Time
586.0 2024-06-14 16:02:35
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