Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Australian Dollar/Turkish Lira (FOREX:AUDTRY)
Long-Term Uptrend (+90) - AUDTRY is in a strong uptrend that is likely to continue. While AUDTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 4.178300
The intermediate-term trend has been UP since Mar 31st, 2020 at 4.089510
The short-term trend has been UP since Mar 24th, 2020 at 3.879395
Smart Scan Analysis for AUDTRY
Based on our trend formula, AUDTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).