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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

/US Dollar (FOREX:AWGUSD)

Countertrend Down (-85) - AWGUSD 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 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
0.55518312 0.55518312 0.55518312 0.55518312 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AWGUSD

long term down The long-term trend has been DOWN since Jan 26th, 2024 at 0.55480210

intermediate term down The intermediate-term trend has been DOWN since Jan 26th, 2024 at 0.55480210

short term up The short-term trend has been UP since Jul 1st, 2024 at 0.55518312

Smart Scan Analysis for AWGUSD

Based on our trend formula, AWGUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AWGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55518312 0.55518312 0.55518312 0.55518312 0.00000000
Prev. Close Volume Bid Ask Time
0.55542017 2024-07-11 14:34:52
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