Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Australian Dollar/US Dollar (FOREX:AUDUSD)
Strong Downtrend (-100) - AUDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for AUDUSD
The long-term trend has been DOWN since Feb 3rd, 2020 at 0.66825
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 0.68485
The short-term trend has been DOWN since Feb 17th, 2020 at 0.67090
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).