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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
0.6262 0.6262 0.6262 0.6262 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 down The intermediate term trend has been DOWN since Jul 5th, 2019 at 0.62615

short term down The short term trend has been DOWN since Jul 5th, 2019 at 0.62615

Smart Scan Analysis for TOPAUD

Based on a pre-defined weighted trend formula for chart analysis, TOPAUD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TOPAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6262 0.6262 0.6262 0.6262 0.0000
Prev. Close Volume Bid Ask Time
0.6247 0.6112 0.6412 2019-07-15 04:50:57
Want to analyze Tongan Pa'anga/Australian Dollar TOPAUD or another symbol? Try our Free Forex Trend Analysis Report.