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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_AUDUSD
Open High Low AUDUSD Price Change
0.655090 0.656825 0.654380 0.654700 -0.000390
Entry Signal

MarketClub’s Trade Triangles for AUDUSD

long term up The long-term trend has been UP since May 15th, 2024 at 0.66663

intermediate term down The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 0.66340

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.67500

Smart Scan Analysis for AUDUSD

Based on our trend formula, AUDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.655090 0.656825 0.654380 0.654700 -0.000390
Prev. Close Volume Bid Ask Time
0.655090 2024-07-26 20:50:05
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