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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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.

FOREX_TOPAUD
Open High Low TOPAUD Price Change
0.65345 0.65345 0.65345 0.65345 0.00000
Entry Signal

MarketClub’s Trade Triangles for TOPAUD

long term up The long-term trend has been UP since Jan 28th, 2020 at 0.63710

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.70615

short term down The short-term trend has been DOWN since May 10th, 2020 at 0.66960

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
Smart Scan Analysis for TOPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65345 0.65345 0.65345 0.65345 0.00000
Prev. Close Volume Bid Ask Time
0.64520 0.63860 0.66830 2020-06-01 00:18:21
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