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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
0.216265 0.216525 0.215895 0.216065 -0.000200
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 0.239440

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 0.226095

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.222500

Smart Scan Analysis for TRYAUD

Based on our trend formula, TRYAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.216265 0.216525 0.215895 0.216065 -0.000200
Prev. Close Volume Bid Ask Time
0.216265 0.215960 0.216170 2020-06-02 01:48:33
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