Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Special drawing rights/Australian Dollar (FOREX:XDRAUD)
Weak Uptrend (+65) - XDRAUD is showing signs of weakening momentum to the upside. Monitor XDRAUD as it may be in the beginning stages of a reversal.
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 UP since Oct 20th, 2024 at 1.9997112
The short-term trend has been DOWN since Oct 22nd, 2024 at 1.9940101
Smart Scan Analysis for XDRAUD
Based on our trend formula, XDRAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.9919929 | 1.9919929 | 1.9919929 | 1.9919929 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
2.0023451 | 2024-10-22 21:06:13 |