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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

US Dollar/ (FOREX:USDSLL)

Sidelines Mode (+55) - USDSLL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_USDSLL
Open High Low USDSLL Price Change
10607.5 10607.5 10607.5 10607.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDSLL

long term up The long-term trend has been UP since May 8th, 2020 at 9745.0

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2021 at 10255.0

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 10637.5

Smart Scan Analysis for USDSLL

Based on our trend formula, USDSLL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDSLL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10607.5 10607.5 10607.5 10607.5 0.0
Prev. Close Volume Bid Ask Time
10607.5 2021-10-18 17:04:38
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