Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
US Dollar/ (FOREX:USDSLL)
Bull Market Weakness (+75) - USDSLL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSLL as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for USDSLL
The long-term trend has been UP since Aug 13th, 2018 at 7705
The intermediate-term trend has been UP since Nov 8th, 2019 at 9600
The short-term trend has been UP since Mar 26th, 2020 at 9715
Smart Scan Analysis for USDSLL
Based on our trend formula, USDSLL is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).