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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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
0.5941 0.5941 0.5941 0.5941 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPAUD

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.57320

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.60440

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.60605

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
0.5941 0.5941 0.5941 0.5941 0.0000
Prev. Close Volume Bid Ask Time
0.5941 0.5793 0.6089 2021-10-21 00:35:20
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