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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Australian Dollar/Special drawing rights (FOREX:AUDXDR)
Weak Downtrend (-65) - AUDXDR is showing signs of a strengthening downtrend. Monitor AUDXDR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDXDR.
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 AUDXDR
The long-term trend has been UP since Nov 28th, 2023 at 0.49371685
The intermediate-term trend has been DOWN since Jul 21st, 2024 at 0.50556412
The short-term trend has been DOWN since Jul 15th, 2024 at 0.51172549
Smart Scan Analysis for AUDXDR
Based on our trend formula, AUDXDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for AUDXDR](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.4942952 | 0.4942952 | 0.4942952 | 0.4942952 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.4942952 | 2024-07-26 14:00:16 |