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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Australian Dollar (FOREX:USDAUD)
Bull Market Weakness (+75) - USDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDAUD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDAUD
The long-term trend has been DOWN since May 15th, 2024 at 1.5000713
The intermediate-term trend has been UP since Jul 22nd, 2024 at 1.5073863
The short-term trend has been UP since Jul 15th, 2024 at 1.4814816
Smart Scan Analysis for USDAUD
Based on our trend formula, USDAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5265078 | 1.5283511 | 1.5223019 | 1.5274173 | +0.0009090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5265078 | 2024-07-26 17:02:26 |