Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
US Dollar/Surinamese Dollar (FOREX:USDSRD)
Bull Market Weakness (+75) - USDSRD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSRD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSRD
The long-term trend has been UP since Sep 28th, 2020 at 7.458
The intermediate-term trend has been UP since Sep 28th, 2020 at 7.458
The short-term trend has been UP since Oct 1st, 2021 at 21.415
Smart Scan Analysis for USDSRD
Based on our trend formula, USDSRD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).