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.
MarketClub’s Trade Triangles for AUDUSD
The long-term trend has been UP since Jun 1st, 2020 at 0.67411
The intermediate-term trend has been UP since Apr 9th, 2020 at 0.63070
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).