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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.

FOREX_TRYAUD
Open High Low TRYAUD Price Change
0.247960 0.248535 0.246880 0.247525 -0.000435
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since Dec 18th, 2019 at 0.247160

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2020 at 0.249075

short term up 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).

+50
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.247960 0.248535 0.246880 0.247525 -0.000435
Prev. Close Volume Bid Ask Time
0.247960 0.247090 0.247960 2020-02-21 16:59:46
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