Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
US Dollar/ (FOREX:USDSDG)
Strong Uptrend (+100) - USDSDG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDSDG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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 UP since Feb 23rd, 2021 at 55.500
The intermediate-term trend has been UP since Feb 23rd, 2021 at 55.275
The short-term trend has been UP since Feb 19th, 2021 at 55.250
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).