Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
US Dollar/ (FOREX:USDRSD)
Strong Uptrend (+100) - USDRSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDRSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 18th, 2024 at 111.592
Smart Scan Analysis for USDRSD
Based on our trend formula, USDRSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 112.1292 | 112.1680 | 112.1292 | 112.1680 | +0.0388 |
| Prev. Close | Volume | Bid | Ask | Time |
| 112.1292 | 2024-12-21 06:23:56 |