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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

US Dollar/ (FOREX:USDSLE)

Weak Downtrend (-65) - USDSLE is showing signs of a strengthening downtrend. Monitor USDSLE as it may be building momentum to the downside.

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
22.600 22.625 22.600 22.625 +0.025
Entry Signal

MarketClub’s Trade Triangles for USDSLE

long term up The long-term trend has been UP since Oct 21st, 2024 at 22.800

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 22.650

short term down The short-term trend has been DOWN since Oct 30th, 2024 at 22.725

Smart Scan Analysis for USDSLE

Based on our trend formula, USDSLE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDSLE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.600 22.625 22.600 22.625 +0.025
Prev. Close Volume Bid Ask Time
22.600 2024-11-18 17:59:43
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