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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
US Dollar/ (FOREX:USDRSD)
Sidelines Mode (+55) - USDRSD 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 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 DOWN since Jan 24th, 2025 at 111.867
The short-term trend has been UP since Jan 28th, 2025 at 112.272
Smart Scan Analysis for USDRSD
Based on our trend formula, USDRSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 113.702 | 113.960 | 112.734 | 112.833 | -0.869 |
| Prev. Close | Volume | Bid | Ask | Time |
| 113.702 | 2025-02-04 23:37:41 |