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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

/US Dollar (FOREX:AWGUSD)

Bear Market Rally (-75) - AWGUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AWGUSD as it may be in the beginning of a reversal.

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
0.55540556 0.55540556 0.55540556 0.55540556 0.00000000
Entry Signal

MarketClub’s Trade Triangles for AWGUSD

long term down The long-term trend has been DOWN since Jun 10th, 2021 at 0.55517670

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.55548313

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.55548227

Smart Scan Analysis for AWGUSD

Based on our trend formula, AWGUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AWGUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55540556 0.55540556 0.55540556 0.55540556 0.00000000
Prev. Close Volume Bid Ask Time
0.55540556 2021-10-19 10:12:56
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