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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)
Sidelines Mode (+55) - AUDTOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AUDTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTOP.
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 AUDTOP
The long-term trend has been UP since Nov 16th, 2023 at 1.53965
The intermediate-term trend has been UP since Apr 4th, 2024 at 1.55615
The short-term trend has been DOWN since Apr 11th, 2024 at 1.55775
Smart Scan Analysis for AUDTOP
Based on our trend formula, AUDTOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.53445 | 1.53445 | 1.53445 | 1.53445 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.53270 | 1.50350 | 1.56540 | 2024-04-17 23:52:53 |