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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

/US Dollar (FOREX:RSDUSD)

Long-Term Downtrend (-90) - RSDUSD is in a strong downtrend that is likely to continue. While RSDUSD 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 RSDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for RSDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_RSDUSD
Open High Low RSDUSD Price Change
0.00889005 0.00890152 0.00887651 0.00890152 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for RSDUSD

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.00920035

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.00940686

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.00896265

Smart Scan Analysis for RSDUSD

Based on our trend formula, RSDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RSDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00889005 0.00890152 0.00887651 0.00890152 +0.00001100
Prev. Close Volume Bid Ask Time
0.00889889 2024-12-24 17:13:34
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