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Forex Trend Analysis Report

Prepared for you on Monday, February 26, 2024.

US Dollar/Surinamese Dollar (FOREX:USDSRD)

Strong Downtrend (-100) - USDSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDSRD continues to fall. Traders should use caution and set stops.

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
35.3295 35.3295 35.3295 35.3295 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSRD

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 37.999

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2023 at 37.999

short term down The short-term trend has been DOWN since Nov 10th, 2023 at 37.999

Smart Scan Analysis for USDSRD

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

-100
Smart Scan Analysis for USDSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.3295 35.3295 35.3295 35.3295 0.0000
Prev. Close Volume Bid Ask Time
35.3295 34.9790 35.6800 2024-02-26 10:00:59
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