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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/ (FOREX:USDSLE)

Crossroads (-60) - USDSLE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDSLE?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSLE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSLE
Open High Low USDSLE Price Change
22.5 22.5 22.5 22.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDSLE

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 22.510

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2024 at 22.625

short term up The short-term trend has been UP since Jul 19th, 2024 at 22.530

Smart Scan Analysis for USDSLE

Based on our trend formula, USDSLE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDSLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.5 22.5 22.5 22.5 0.0
Prev. Close Volume Bid Ask Time
22.5 2024-07-24 14:31:19
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