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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

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.

FOREX_XDRAUD
Open High Low XDRAUD Price Change
1.9383314 1.9383314 1.9383314 1.9383314 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRAUD

long term up The long-term trend has been UP since Jun 30th, 2022 at 1.9113305

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2022 at 1.9004802

short term up The short-term trend has been UP since Jun 17th, 2022 at 1.8790181

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).

+70
Smart Scan Analysis for XDRAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9383314 1.9383314 1.9383314 1.9383314 0.0000000
Prev. Close Volume Bid Ask Time
1.9383314 2022-06-30 07:21:51
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