Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Australian Dollar/US Dollar (FOREX:AUDUSD)
Weak Downtrend (-65) - AUDUSD is showing signs of a strengthening downtrend. Monitor AUDUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDUSD
The long-term trend has been DOWN since Feb 3rd, 2020 at 0.66825
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 0.68485
The short-term trend has been UP since Mar 24th, 2020 at 0.59782
Smart Scan Analysis for AUDUSD
Based on our trend formula, AUDUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).