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.

FOREX_TOPAUD
Open High Low TOPAUD Price Change
0.6060 0.6060 0.6060 0.6060 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPAUD

long term up The long-term trend has been UP since May 17th, 2022 at 0.60825

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2022 at 0.62410

short term down 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
Smart Scan Analysis for TOPAUD
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
Get a free daily analysis and signals for Tongan Pa'anga/Australian Dollar (TOPAUD) - Request Your Free Report.