Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
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 May 6th, 2022 at 20.8210
The intermediate-term trend has been UP since Jan 9th, 2023 at 31.6225
The short-term trend has been UP since Mar 10th, 2022 at 20.6060
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).