Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
US Dollar/ (FOREX:USDSDG)
Weak Downtrend (-65) - USDSDG is showing signs of a strengthening downtrend. Monitor USDSDG as it may be building momentum to the downside.
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 UP since Dec 15th, 2019 at 45.292
The intermediate-term trend has been DOWN since Mar 30th, 2020 at 55.275
The short-term trend has been DOWN since Mar 30th, 2020 at 55.300
Smart Scan Analysis for USDSDG
Based on our trend formula, USDSDG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).