Forex Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
Australian Dollar/Khazanah Sukuk (FOREX:AUDLFX)
Crossroads (-60) - AUDLFX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 10th, 2020 at 1.4404
The intermediate-term trend has been DOWN since May 12th, 2021 at 1.4757
The short-term trend has been DOWN since May 12th, 2021 at 1.4828
Smart Scan Analysis for AUDLFX
Based on our trend formula, AUDLFX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).