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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Australian Dollar/Special drawing rights (FOREX:AUDXDR)
Sidelines Mode (+55) - AUDXDR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDXDR.
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 AUDXDR
The long-term trend has been UP since Nov 28th, 2023 at 0.49371685
The intermediate-term trend has been DOWN since Apr 14th, 2024 at 0.49044345
The short-term trend has been UP since Apr 18th, 2024 at 0.48812216
Smart Scan Analysis for AUDXDR
Based on our trend formula, AUDXDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.49379042 | 0.49379042 | 0.49379042 | 0.49379042 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49825997 | 2024-04-24 21:01:06 |