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Forex Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

Australian Dollar/US Dollar (FOREX:AUDUSD)

Weak Uptrend (+65) - AUDUSD is showing signs of weakening momentum to the upside. Monitor AUDUSD as it may be in the beginning stages of a reversal.

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.

FOREX_AUDUSD
Open High Low AUDUSD Price Change
0.714105 0.716300 0.713775 0.715025 +0.000920
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term up The long-term trend has been UP since Jun 1st, 2020 at 0.67411

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 0.63070

short term down The short-term trend has been DOWN since Aug 10th, 2020 at 0.71470

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).

+65
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.714105 0.716300 0.713775 0.715025 +0.000920
Prev. Close Volume Bid Ask Time
0.714105 0.714990 0.715060 2020-08-14 08:08:25
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