Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
US 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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for USDSRD
The long-term trend has been DOWN since Jul 18th, 2018 at 7.468
The intermediate-term trend has been DOWN since Jul 18th, 2018 at 7.468
The short-term trend has been DOWN since Jul 4th, 2017 at 7.544
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).