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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

US Dollar/Australian Dollar (FOREX:USDAUD)

Sidelines Mode (-55) - USDAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.3354255 1.3374885 1.3322676 1.3340804 -0.0013450
Entry Signal

MarketClub’s Trade Triangles for USDAUD

long term up The long-term trend has been UP since Apr 1st, 2021 at 1.3220518

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 1.3661203

short term up The short-term trend has been UP since Oct 18th, 2021 at 1.3544631

Smart Scan Analysis for USDAUD

Based on our trend formula, USDAUD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3354255 1.3374885 1.3322676 1.3340804 -0.0013450
Prev. Close Volume Bid Ask Time
1.3354255 2021-10-25 20:11:53
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