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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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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 Oct 20th, 2024 at 1.9997112
The short-term trend has been UP since Oct 31st, 2024 at 1.9998766
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 |
|---|---|---|---|---|
| 2.0301746 | 2.0301746 | 2.0301746 | 2.0301746 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0301746 | 2024-11-18 13:11:45 |