Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
US Dollar/ (FOREX:USDSTN)
Long-Term Downtrend (-90) - USDSTN is in a strong downtrend that is likely to continue. While USDSTN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDSTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSTN
The long-term trend has been DOWN since Mar 9th, 2020 at 21.839219
The intermediate-term trend has been DOWN since May 20th, 2020 at 22.455021
The short-term trend has been DOWN since Jul 2nd, 2020 at 21.797541
Smart Scan Analysis for USDSTN
Based on our trend formula, USDSTN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).