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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Countertrend Down (-85) - TRYAUD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_TRYAUD
Open High Low TRYAUD Price Change
0.079295 0.079660 0.079085 0.079470 +0.000175
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.152010

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.084035

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.079230

Smart Scan Analysis for TRYAUD

Based on our trend formula, TRYAUD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.079295 0.079660 0.079085 0.079470 +0.000175
Prev. Close Volume Bid Ask Time
0.079295 2022-08-16 15:29:05
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