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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Australian Dollar/US Dollar (FOREX:AUDUSD)

Sidelines Mode (-55) - AUDUSD 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 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.

Open High Low AUDUSD Price Change
0.66300 0.66340 0.65919 0.66110 -0.00190
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term up The long-term trend has been UP since May 15th, 2024 at 0.66663

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 0.65816

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.66190

Smart Scan Analysis for AUDUSD

Based on our trend formula, AUDUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66300 0.66340 0.65919 0.66110 -0.00190
Prev. Close Volume Bid Ask Time
0.66300 2024-06-14 17:23:44
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