Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
/Australian Dollar (FOREX:XDRAUD)
Sidelines Mode (+55) - XDRAUD 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 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 UP since Jan 21st, 2020 at 2.0048389
The intermediate-term trend has been DOWN since Mar 24th, 2020 at 2.3050570
The short-term trend has been UP since Feb 25th, 2020 at 2.0396332
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2441394 | 2.2441394 | 2.2441394 | 2.2441394 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2441394 | 2.2441394 | 2.2441394 | 2020-04-02 07:19:26 |