Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Special drawing rights/Australian Dollar (FOREX:XDRAUD)
Bull Market Weakness (+75) - XDRAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XDRAUD as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XDRAUD
The long-term trend has been DOWN since Nov 28th, 2023 at 2.0254524
The intermediate-term trend has been UP since Jul 21st, 2024 at 1.9779885
The short-term trend has been UP since Jul 15th, 2024 at 1.9541727
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0230826 | 2.0230826 | 2.0230826 | 2.0230826 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0230826 | 2024-07-26 14:00:16 |