Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Turkish Lira/Australian Dollar (FOREX:TRYAUD)
Sidelines Mode (+50) - TRYAUD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TRYAUD can gain momentum.
Is it time to buy, sell, or avoid TRYAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYAUD
The long-term trend has been DOWN since Dec 18th, 2019 at 0.247160
The intermediate-term trend has been UP since Jan 27th, 2020 at 0.249075
The short-term trend has been UP since Feb 17th, 2020 at 0.246670
Smart Scan Analysis for TRYAUD
Based on our trend formula, TRYAUD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).