Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
Australian Dollar/Special drawing rights (FOREX:AUDXDR)
Bear Market Rally (-75) - AUDXDR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDXDR as it may be in the beginning of a reversal.
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 DOWN since Aug 2nd, 2024 at 0.49307695
The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.47620771
The short-term trend has been UP since Jan 16th, 2025 at 0.47731649
Smart Scan Analysis for AUDXDR
Based on our trend formula, AUDXDR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.47867188 | 0.47867188 | 0.47867188 | 0.47867188 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.47867188 | 2025-01-16 07:25:00 |