Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
US Dollar/ (FOREX:USDSLL)
Weak Uptrend (+65) - USDSLL is showing signs of weakening momentum to the upside. Monitor USDSLL as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSLL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSLL
The long-term trend has been UP since May 8th, 2020 at 9745.0
The intermediate-term trend has been UP since May 8th, 2020 at 9710.0
The short-term trend has been DOWN since May 13th, 2020 at 9852.5
Smart Scan Analysis for USDSLL
Based on our trend formula, USDSLL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).