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Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
/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.
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MarketClub’s Trade Triangles for AWGUSD
The long-term trend has been DOWN since Feb 11th, 2020 at 0.55518313
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 0.55556520
The short-term trend has been DOWN since Feb 19th, 2021 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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5555652 | 0.5555652 | 0.5555652 | 0.5555652 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5555652 | 2021-03-03 10:17:13 |