Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
US Dollar/ (FOREX:USDSTN)
Countertrend Down (-85) - USDSTN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Feb 23rd, 2021 at 20.200188
The short-term trend has been UP since Mar 1st, 2021 at 20.500000
Smart Scan Analysis for USDSTN
Based on our trend formula, USDSTN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).