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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Turkish Lira/Australian Dollar (FOREX:TRYAUD)
Countertrend Down (-85) - TRYAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TRYAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYAUD.
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 TRYAUD
The long-term trend has been DOWN since May 23rd, 2023 at 0.074245
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.046485
The short-term trend has been UP since May 8th, 2024 at 0.047250
Smart Scan Analysis for TRYAUD
Based on our trend formula, TRYAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.047060 | 0.047270 | 0.046830 | 0.046845 | -0.000215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.047060 | 2024-05-09 15:38:36 |