Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Special drawing rights/Australian Dollar (FOREX:XDRAUD)
Strong Downtrend (-100) - XDRAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XDRAUD continues to fall. Traders should use caution and set stops.
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.
|
MarketClub’s Trade Triangles for XDRAUD
The long-term trend has been DOWN since Nov 28th, 2023 at 2.0254524
The intermediate-term trend has been DOWN since Feb 26th, 2024 at 2.0292476
The short-term trend has been DOWN since Mar 7th, 2024 at 2.0322762
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.0256839 | 2.0256839 | 2.0256839 | 2.0256839 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
2.0256839 | 2024-03-18 08:25:59 |