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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

US Dollar/ (FOREX:USDRSD)

Crossroads (-60) - USDRSD is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_USDRSD
Open High Low USDRSD Price Change
99.71758 99.71758 99.71758 99.71758 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term down The long-term trend has been DOWN since May 20th, 2021 at 96.62253

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2021 at 96.72205

short term up The short-term trend has been UP since Jun 6th, 2021 at 96.52017

Smart Scan Analysis for USDRSD

Based on our trend formula, USDRSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.71758 99.71758 99.71758 99.71758 0.00000
Prev. Close Volume Bid Ask Time
99.71758 2021-07-26 07:11:59
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