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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.

FOREX_AUDTOP
Open High Low AUDTOP Price Change
1.5104 1.5104 1.5104 1.5104 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDTOP

long term down The long-term trend has been DOWN since Aug 15th, 2023 at 1.55830

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2023 at 1.53105

short term down 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).

-100
Smart Scan Analysis for AUDTOP
Strong Downtrend Sideways 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
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