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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Australian Dollar/Special drawing rights (FOREX:AUDXDR)

Countertrend Down (-85) - AUDXDR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.47892674 0.47892674 0.47892674 0.47892674 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AUDXDR

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 0.49307695

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 0.47620771

short term up 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 -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AUDXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.47892674 0.47892674 0.47892674 0.47892674 0.00000000
Prev. Close Volume Bid Ask Time
0.47820834 2025-01-19 11:30:04
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