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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 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.

FOREX_USDRSD
Open High Low USDRSD Price Change
109.16911 109.16911 109.16911 109.16911 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long-term trend has been UP since Apr 12th, 2024 at 109.543

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 108.556

short term up The short-term trend has been UP since Jun 7th, 2024 at 107.821

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).

+90
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.16911 109.16911 109.16911 109.16911 0.00000
Prev. Close Volume Bid Ask Time
109.16911 2024-06-15 17:06:46
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