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Forex Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
US Dollar/ (FOREX:USDSLE)
Countertrend Up (+85) - USDSLE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid USDSLE?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSLE.
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 USDSLE
The long-term trend has been UP since Jul 3rd, 2023 at 23.10
The intermediate-term trend has been UP since Apr 29th, 2024 at 22.65
The short-term trend has been UP since May 20th, 2024 at 22.65
Smart Scan Analysis for USDSLE
Based on our trend formula, USDSLE is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.675 | 22.675 | 22.675 | 22.675 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.675 | 2024-05-20 14:54:55 |