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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)

Bull Market Weakness (+75) - AUDTOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDTOP as it may be in the beginning stages of a reversal.

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
1.6818 1.6818 1.6808 1.6808 -0.0010
Entry Signal

MarketClub’s Trade Triangles for AUDTOP

long term up The long-term trend has been UP since Jun 5th, 2020 at 1.53625

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 1.65630

short term up The short-term trend has been UP since Nov 8th, 2020 at 1.65630

Smart Scan Analysis for AUDTOP

Based on our trend formula, AUDTOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for AUDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6818 1.6818 1.6808 1.6808 -0.0010
Prev. Close Volume Bid Ask Time
1.6818 1.6390 1.7226 2020-11-23 22:56:15
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