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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TOPAUD
Open High Low TOPAUD Price Change
0.6270 0.6270 0.6270 0.6270 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPAUD

long term up The long term trend has been UP since Jun 28th, 2018 at 0.59825

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 0.61890

short term up The short term trend has been UP since Feb 11th, 2019 at 0.61890

Smart Scan Analysis for TOPAUD

Based on a pre-defined weighted trend formula for chart analysis, TOPAUD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for TOPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6270 0.6270 0.6270 0.6270 0.0000
Prev. Close Volume Bid Ask Time
0.6270 0.6122 0.6418 2019-03-08 04:22:06
Want to analyze Tongan Pa'anga/Australian Dollar TOPAUD or another symbol? Try our Free Forex Trend Analysis Report.