Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Australian Dollar/Special drawing rights (FOREX:AUDXDR)

Countertrend Up (+85) - AUDXDR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.55241588 0.55241588 0.55241588 0.55241588 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 Feb 23rd, 2021 at 0.54090758

Smart Scan Analysis for AUDXDR

Based on our trend formula, AUDXDR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for AUDXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55241588 0.55241588 0.55241588 0.55241588 0.00000000
Prev. Close Volume Bid Ask Time
0.55241588 2021-02-25 07:31:43
Get a free daily analysis and signals for Australian Dollar/Special drawing rights (AUDXDR) - Request Your Free Report.