Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/Australian Dollar (FOREX:USDAUD)

Long-Term Uptrend (+90) - USDAUD is in a strong uptrend that is likely to continue. While USDAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid USDAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDAUD
Open High Low USDAUD Price Change
1.6026797 1.6090106 1.6007685 1.6074588 +0.0047790
Entry Signal

MarketClub’s Trade Triangles for USDAUD

long term up The long-term trend has been UP since Dec 3rd, 2024 at 1.5539895

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2024 at 1.4909797

short term up The short-term trend has been UP since Dec 26th, 2024 at 1.6084531

Smart Scan Analysis for USDAUD

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

+90
Smart Scan Analysis for USDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6026797 1.6090106 1.6007685 1.6074588 +0.0047790
Prev. Close Volume Bid Ask Time
1.6026797 2024-12-26 18:16:31
Get a free daily analysis and signals for US Dollar/Australian Dollar (USDAUD) - Request Your Free Report.