Forex Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
US Dollar/Australian Dollar (FOREX:USDAUD)
Strong Uptrend (+100) - USDAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 3rd, 2020 at 1.4964462
The intermediate-term trend has been UP since Jan 21st, 2020 at 1.4602805
The short-term trend has been UP since Feb 17th, 2020 at 1.4907575
Smart Scan Analysis for USDAUD
Based on our trend formula, USDAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).