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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Countertrend Up (+85) - TRYAUD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_TRYAUD
Open High Low TRYAUD Price Change
0.045440 0.045660 0.045385 0.045630 +0.000190
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term up The long-term trend has been UP since Dec 11th, 2024 at 0.045215

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 0.043560

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.045325

Smart Scan Analysis for TRYAUD

Based on our trend formula, TRYAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.045440 0.045660 0.045385 0.045630 +0.000190
Prev. Close Volume Bid Ask Time
0.045440 2024-12-26 08:48:07
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