Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Australian Dollar/Tongan Pa'anga (FOREX:AUDTOP)
Weak Uptrend (+65) - AUDTOP is showing signs of weakening momentum to the upside. Monitor AUDTOP as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for AUDTOP
The long-term trend has been UP since Jun 5th, 2020 at 1.53625
The intermediate-term trend has been UP since Feb 10th, 2021 at 1.77880
The short-term trend has been DOWN since Mar 3rd, 2021 at 1.78675
Smart Scan Analysis for AUDTOP
Based on our trend formula, AUDTOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).