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Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)
Strong Downtrend (-100) - AUDTOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDTOP continues to fall. Traders should use caution and set stops.
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 DOWN since Aug 15th, 2023 at 1.55830
The intermediate-term trend has been DOWN since Sep 5th, 2023 at 1.53105
The short-term trend has been DOWN since Sep 5th, 2023 at 1.53105
Smart Scan Analysis for AUDTOP
Based on our trend formula, AUDTOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.5104 | 1.5104 | 1.5104 | 1.5104 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.5104 | 1.4803 | 1.5405 | 2023-10-03 23:49:04 |