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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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

Bear Market Rally (-75) - AUDTOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDTOP as it may be in the beginning 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
1.6277 1.6277 1.6277 1.6277 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDTOP

long term down The long-term trend has been DOWN since May 16th, 2022 at 1.6450

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2022 at 1.6236

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 1.6400

Smart Scan Analysis for AUDTOP

Based on our trend formula, AUDTOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6277 1.6277 1.6277 1.6277 0.0000
Prev. Close Volume Bid Ask Time
1.6277 1.5885 1.6669 2022-08-18 01:12:35
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