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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

/US Dollar (FOREX:AWGUSD)

Sidelines Mode (+55) - AWGUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AWGUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for AWGUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AWGUSD
Open High Low AWGUSD Price Change
0.5555727 0.5555727 0.5555727 0.5555727 0.0000000
Entry Signal

MarketClub’s Trade Triangles for AWGUSD

long term up The long-term trend has been UP since Mar 27th, 2023 at 0.55557270

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2023 at 0.55519168

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 0.55518312

Smart Scan Analysis for AWGUSD

Based on our trend formula, AWGUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AWGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5555727 0.5555727 0.5555727 0.5555727 0.0000000
Prev. Close Volume Bid Ask Time
0.5555727 2023-11-29 12:01:31
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