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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Turkish Lira/Australian Dollar (FOREX:TRYAUD)
Sidelines Mode (+55) - TRYAUD 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 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.
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MarketClub’s Trade Triangles for TRYAUD
The long-term trend has been DOWN since May 23rd, 2023 at 0.074245
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.043560
The short-term trend has been DOWN since Nov 18th, 2024 at 0.044620
Smart Scan Analysis for TRYAUD
Based on our trend formula, TRYAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.044435 | 0.044475 | 0.044310 | 0.044465 | +0.000030 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.044435 | 2024-11-20 03:33:18 |