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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Special drawing rights/Australian Dollar (FOREX:XDRAUD)
Crossroads (-60) - XDRAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XDRAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRAUD.
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 XDRAUD
The long-term trend has been UP since Aug 2nd, 2024 at 2.0334774
The intermediate-term trend has been DOWN since May 2nd, 2025 at 2.1723891
The short-term trend has been DOWN since May 1st, 2025 at 2.1739949
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1600883 | 2.1600883 | 2.1600883 | 2.1600883 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1600883 | 2025-05-04 11:00:59 |