Forex Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
US Dollar/Australian Dollar (FOREX:USDAUD)
Long-Term Uptrend (+90) - USDAUD is in a strong uptrend that is likely to continue. While USDAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDAUD
The long-term trend has been UP since Apr 1st, 2021 at 1.3220518
The intermediate-term trend has been UP since Jan 24th, 2022 at 1.4025442
The short-term trend has been UP since Jan 24th, 2022 at 1.3945058
Smart Scan Analysis for USDAUD
Based on our trend formula, USDAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).