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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Australian Dollar/US Dollar (FOREX:AUDUSD)

Bull Market Weakness (+75) - AUDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDUSD as it may be in the beginning stages of a reversal.

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
0.750615 0.752900 0.750300 0.752525 +0.001910
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term down The long-term trend has been DOWN since Apr 1st, 2021 at 0.756525

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 0.731945

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.744895

Smart Scan Analysis for AUDUSD

Based on our trend formula, AUDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.750615 0.752900 0.750300 0.752525 +0.001910
Prev. Close Volume Bid Ask Time
0.750615 2021-10-28 10:01:35
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