Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Tongan Pa'anga/Australian Dollar (FOREX:TOPAUD)
Weak Downtrend (-65) - TOPAUD is showing signs of a strengthening downtrend. Monitor TOPAUD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TOPAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TOPAUD
The long-term trend has been UP since May 17th, 2022 at 0.60825
The intermediate-term trend has been DOWN since Jul 20th, 2022 at 0.62410
The short-term trend has been DOWN since Jul 20th, 2022 at 0.62410
Smart Scan Analysis for TOPAUD
Based on our trend formula, TOPAUD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6060 | 0.6060 | 0.6060 | 0.6060 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6060 | 0.5912 | 0.6208 | 2022-08-12 00:25:47 |
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