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Forex Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
Special drawing rights/Australian Dollar (FOREX:XDRAUD)
Countertrend Up (+85) - XDRAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XDRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRAUD.
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 XDRAUD
The long-term trend has been UP since Aug 2nd, 2024 at 2.0334774
The intermediate-term trend has been UP since Jan 13th, 2025 at 2.0999240
The short-term trend has been UP since Jan 13th, 2025 at 2.0950460
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1117 | 2.1117 | 2.1117 | 2.1117 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1117 | 2025-01-13 07:25:16 |