Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Australian Dollar/Turkish Lira (FOREX:AUDTRY)
Bull Market Weakness (+75) - AUDTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDTRY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AUDTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDTRY
The long-term trend has been UP since Apr 7th, 2020 at 4.17830
The intermediate-term trend has been DOWN since Nov 13th, 2020 at 5.52101
The short-term trend has been UP since Dec 1st, 2020 at 5.82250
Smart Scan Analysis for AUDTRY
Based on our trend formula, AUDTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).