Forex Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
US Dollar/ (FOREX:USDSLL)
Weak Downtrend (-65) - USDSLL is showing signs of a strengthening downtrend. Monitor USDSLL as it may be building momentum to the downside.
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
The intermediate-term trend has been DOWN since Jul 20th, 2021 at 10250
The short-term trend has been DOWN since Jun 29th, 2021 at 10260
Smart Scan Analysis for USDSLL
Based on our trend formula, USDSLL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).