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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/ (FOREX:USDRSD)

Weak Downtrend (-65) - USDRSD is showing signs of a strengthening downtrend. Monitor USDRSD as it may be building momentum to the downside.

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
107.81139 107.94300 107.71700 107.80415 -0.00724
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 107.281

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 107.939

short term up The short-term trend has been UP since Jul 22nd, 2024 at 107.624

Smart Scan Analysis for USDRSD

Based on our trend formula, USDRSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.81139 107.94300 107.71700 107.80415 -0.00724
Prev. Close Volume Bid Ask Time
107.81139 2024-07-26 14:00:13
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