Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
US Dollar/ (FOREX:USDSDG)
Sidelines Mode (+50) - USDSDG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDSDG can gain momentum.
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.
MarketClub’s Trade Triangles for USDSDG
The long-term trend has been DOWN since Oct 20th, 2021 at 440.5
The intermediate-term trend has been UP since Jan 25th, 2022 at 438.0
The short-term trend has been UP since Jan 25th, 2022 at 437.5
Smart Scan Analysis for USDSDG
Based on our trend formula, USDSDG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).