Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for AUDTOP
The long-term trend has been DOWN since Jan 28th, 2020 at 1.57045
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 1.58225
The short-term trend has been DOWN since Mar 12th, 2020 at 1.51245
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).