Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Bear Market Rally (-75) - AUDLFX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDLFX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDLFX
The long-term trend has been DOWN since May 5th, 2019 at 1.4289
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 1.3874
The short-term trend has been DOWN since Feb 17th, 2020 at 1.3734
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).