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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Tongan Pa'anga/Australian Dollar (FOREX:TOPAUD)

Sidelines Mode (+55) - TOPAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.64475 0.64475 0.64475 0.64475 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 up The intermediate-term trend has been UP since Jan 7th, 2020 at 0.63235

short term down The short-term trend has been DOWN since Feb 4th, 2020 at 0.63950

Smart Scan Analysis for TOPAUD

Based on our trend formula, TOPAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TOPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64475 0.64475 0.64475 0.64475 0.00000
Prev. Close Volume Bid Ask Time
0.64190 0.62990 0.65960 2020-02-09 23:58:11
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