Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Sidelines Mode (+55) - AUDLFX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Dec 10th, 2020 at 1.4404
The intermediate-term trend has been UP since Feb 12th, 2021 at 1.4791
The short-term trend has been DOWN since Feb 25th, 2021 at 1.4958
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).