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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)

Crossroads (-60) - AUDTOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDTOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDTOP
Open High Low AUDTOP Price Change
1.5363 1.5363 1.5363 1.5363 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDTOP

long term up The long-term trend has been UP since Nov 16th, 2023 at 1.53965

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1.54690

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 1.55775

Smart Scan Analysis for AUDTOP

Based on our trend formula, AUDTOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5363 1.5363 1.5363 1.5363 0.0000
Prev. Close Volume Bid Ask Time
1.5504 1.5053 1.5673 2024-04-22 23:36:34
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