Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
US Dollar/ (FOREX:USDSTN)
Sidelines Mode (+55) - USDSTN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Aug 20th, 2021 at 21.200000
The intermediate-term trend has been DOWN since Aug 1st, 2022 at 24.121533
The short-term trend has been UP since Aug 12th, 2022 at 24.122500
Smart Scan Analysis for USDSTN
Based on our trend formula, USDSTN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).