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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Australian Dollar/US Dollar (FOREX:AUDUSD)

Strong Uptrend (+100) - AUDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_AUDUSD
Open High Low AUDUSD Price Change
0.678540 0.680320 0.678130 0.680225 +0.001685
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.67411

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 0.63070

short term up The short-term trend has been UP since May 26th, 2020 at 0.65865

Smart Scan Analysis for AUDUSD

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

+100
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.678540 0.680320 0.678130 0.680225 +0.001685
Prev. Close Volume Bid Ask Time
0.678540 0.680190 0.680260 2020-06-02 01:23:49
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