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Forex Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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

Sidelines Mode (+50) - AUDTOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDTOP can gain momentum.

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
1.5311 1.5311 1.5311 1.5311 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDTOP

long term down The long-term trend has been DOWN since Jan 28th, 2020 at 1.57045

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 1.43275

short term up The short-term trend has been UP since May 19th, 2020 at 1.51220

Smart Scan Analysis for AUDTOP

Based on our trend formula, AUDTOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for AUDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5311 1.5311 1.5311 1.5311 0.0000
Prev. Close Volume Bid Ask Time
1.5311 1.4963 1.5659 2020-06-01 00:18:21
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