Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Australian Dollar/US Dollar (FOREX:AUDUSD)
Strong Downtrend (-100) - AUDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AUDUSD
The long-term trend has been DOWN since Dec 3rd, 2024 at 0.643575
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.670815
The short-term trend has been DOWN since Dec 10th, 2024 at 0.637280
Smart Scan Analysis for AUDUSD
Based on our trend formula, AUDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6252 | 0.6252 | 0.6251 | 0.6251 | -0.0001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6252 | 2024-12-21 06:41:59 |