Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 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.
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MarketClub’s Trade Triangles for USDSDG
The long-term trend has been DOWN since Nov 6th, 2023 at 600.0
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 600.5
The short-term trend has been DOWN since Apr 2nd, 2024 at 586.5
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 586 | 586 | 586 | 586 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 586 | 2024-04-18 11:38:36 |