Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Australian Dollar/Turkish Lira (FOREX:AUDTRY)
Sidelines Mode (+55) - AUDTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Oct 11th, 2021 at 6.57950
The intermediate-term trend has been DOWN since Jun 24th, 2022 at 11.61065
The short-term trend has been UP since Jul 4th, 2022 at 11.55915
Smart Scan Analysis for AUDTRY
Based on our trend formula, AUDTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).