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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

/US Dollar (FOREX:AWGUSD)

Countertrend Up (+85) - AWGUSD 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 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 Nov 19th, 2024 at 0.55557270

intermediate term up The intermediate-term trend has been UP since Nov 19th, 2024 at 0.55480210

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.55519168

Smart Scan Analysis for AWGUSD

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

+80
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 2024-12-05 11:17:26
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