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Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

US Dollar/Surinamese Dollar (FOREX:USDSRD)

Countertrend Up (+85) - USDSRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDSRD
Open High Low USDSRD Price Change
24.5415 24.5415 24.5415 24.5415 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSRD

long term up The long-term trend has been UP since May 6th, 2022 at 20.821

intermediate term up The intermediate-term trend has been UP since May 6th, 2022 at 20.821

short term up The short-term trend has been UP since Mar 10th, 2022 at 20.606

Smart Scan Analysis for USDSRD

Based on our trend formula, USDSRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.5415 24.5415 24.5415 24.5415 0.0000
Prev. Close Volume Bid Ask Time
24.5415 24.3240 24.7590 2022-08-02 09:47:22
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