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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Australian Dollar (FOREX:USDAUD)
Weak Uptrend (+65) - USDAUD is showing signs of weakening momentum to the upside. Monitor USDAUD as it may be in the beginning stages of a reversal.
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 Apr 15th, 2024 at 1.5523131
The intermediate-term trend has been UP since Apr 12th, 2024 at 1.5432100
The short-term trend has been DOWN since Apr 22nd, 2024 at 1.5489469
Smart Scan Analysis for USDAUD
Based on our trend formula, USDAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5343424 | 1.5351552 | 1.5335000 | 1.5344300 | +0.0000880 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5343424 | 2024-04-24 01:07:55 |