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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.

FOREX_USDSDG
Open High Low USDSDG Price Change
55.325 55.325 55.325 55.325 0.000
Entry Signal

MarketClub’s Trade Triangles for USDSDG

long term up The long-term trend has been UP since Nov 16th, 2020 at 55.350

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2020 at 55.275

short term down 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).

+75
Smart Scan Analysis for USDSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.325 55.325 55.325 55.325 0.000
Prev. Close Volume Bid Ask Time
55.300 2020-12-02 17:20:50
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