Forex Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Long-Term Downtrend (-90) - AUDLFX is in a strong downtrend that is likely to continue. While AUDLFX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AUDLFX?
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 Dec 2nd, 2021 at 1.4141
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 1.4212
The short-term trend has been DOWN since Jan 21st, 2022 at 1.4200
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).