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Forex Trend Analysis Report
Prepared for you on Sunday, January 29, 2023.
Australian Dollar/US Dollar (FOREX:AUDUSD)
Long-Term Uptrend (+90) - AUDUSD is in a strong uptrend that is likely to continue. While AUDUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AUDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUDUSD
The long-term trend has been UP since Oct 9th, 2022 at 0.713635
The intermediate-term trend has been UP since Jan 8th, 2023 at 0.688660
The short-term trend has been UP since Jan 23rd, 2023 at 0.699500
Smart Scan Analysis for AUDUSD
Based on our trend formula, AUDUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7151 | 0.7151 | 0.7151 | 0.7151 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7151 | 2023-01-29 03:35:55 |