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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

/US Dollar (FOREX:AWGUSD)

Long-Term Downtrend (-90) - AWGUSD is in a strong downtrend that is likely to continue. While AWGUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.55557271 0.55557271 0.55557271 0.55557271 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AWGUSD

long term down The long-term trend has been DOWN since Feb 11th, 2020 at 0.55518313

intermediate term down The intermediate-term trend has been DOWN since Feb 11th, 2020 at 0.55518313

short term down The short-term trend has been DOWN since May 7th, 2020 at 0.55556520

Smart Scan Analysis for AWGUSD

Based on our trend formula, AWGUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AWGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55557271 0.55557271 0.55557271 0.55557271 0.00000000
Prev. Close Volume Bid Ask Time
0.55557271 0.55248619 0.55865922 2020-05-29 10:51:01
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