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Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
US Dollar/ (FOREX:USDRSD)
Long-Term Uptrend (+90) - USDRSD is in a strong uptrend that is likely to continue. While USDRSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDRSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDRSD
The long-term trend has been UP since Nov 5th, 2024 at 108.726
The intermediate-term trend has been UP since Oct 4th, 2024 at 106.331
The short-term trend has been UP since Dec 2nd, 2024 at 111.667
Smart Scan Analysis for USDRSD
Based on our trend formula, USDRSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 111.569 | 111.569 | 111.099 | 111.188 | -0.381 |
| Prev. Close | Volume | Bid | Ask | Time |
| 111.569 | 2024-12-03 06:22:58 |