Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Bull Market Weakness (+75) - AUDLFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDLFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDLFX
The long-term trend has been DOWN since May 5th, 2019 at 1.4289
The intermediate-term trend has been UP since Apr 7th, 2020 at 1.2979
The short-term trend has been UP since May 18th, 2020 at 1.3500
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).