Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)
Sidelines Mode (+50) - AUDTOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDTOP can gain momentum.
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 Apr 1st, 2021 at 1.74570
The intermediate-term trend has been UP since Oct 10th, 2021 at 1.65545
The short-term trend has been UP since Oct 4th, 2021 at 1.65095
Smart Scan Analysis for AUDTOP
Based on our trend formula, AUDTOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).