Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Crossroads (+60) - AUDLFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Oct 15th, 2020 at 1.4008
The intermediate-term trend has been UP since Nov 5th, 2020 at 1.4220
The short-term trend has been UP since Dec 3rd, 2020 at 1.4340
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).