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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
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.
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MarketClub’s Trade Triangles for USDAUD
The long-term trend has been UP since Dec 3rd, 2024 at 1.5539895
The intermediate-term trend has been UP since Oct 14th, 2024 at 1.4909797
The short-term trend has been UP since Dec 10th, 2024 at 1.5691936
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.6069500 | 1.6074588 | 1.5936257 | 1.5997442 | -0.0072060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5994883 | 2024-12-20 17:06:43 |