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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Bear Market Rally (-75) - TRYAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYAUD as it may be in the beginning of a reversal.

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
0.047715 0.047975 0.047710 0.047815 +0.000100
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 18th, 2024 at 0.047525

Smart Scan Analysis for TRYAUD

Based on our trend formula, TRYAUD is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.047715 0.047975 0.047710 0.047815 +0.000100
Prev. Close Volume Bid Ask Time
0.047715 2024-04-19 05:00:58
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