Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Australian Dollar/Special drawing rights (FOREX:AUDXDR)

Strong Uptrend (+100) - AUDXDR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDXDR 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 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.

FOREX_AUDXDR
Open High Low AUDXDR Price Change
0.51740401 0.51740401 0.51740401 0.51740401 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AUDXDR

long term up The long-term trend has been UP since Nov 27th, 2020 at 0.51701302

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2020 at 0.50863179

short term up The short-term trend has been UP since Nov 23rd, 2020 at 0.51443317

Smart Scan Analysis for AUDXDR

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

+100
Smart Scan Analysis for AUDXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51740401 0.51740401 0.51740401 0.51740401 0.00000000
Prev. Close Volume Bid Ask Time
0.51740401 2020-11-27 07:14:04
Get a free daily analysis and signals for Australian Dollar/Special drawing rights (AUDXDR) - Request Your Free Report.