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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Strong Downtrend (-100) - TRYAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYAUD continues to fall. Traders should use caution 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
0.047080 0.047260 0.046825 0.047120 +0.000040
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since May 23rd, 2023 at 0.074245

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.046485

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 0.047365

Smart Scan Analysis for TRYAUD

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

-100
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047080 0.047260 0.046825 0.047120 +0.000040
Prev. Close Volume Bid Ask Time
0.047080 2024-04-26 17:04:59
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