Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
US Dollar/ (FOREX:USDSDG)
Bull Market Weakness (+75) - USDSDG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSDG as it may be in the beginning stages of a reversal.
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 Nov 16th, 2020 at 55.350
The intermediate-term trend has been UP since Nov 3rd, 2020 at 55.275
The short-term trend has been DOWN since Nov 27th, 2020 at 55.325
Smart Scan Analysis for USDSDG
Based on our trend formula, USDSDG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).