Forex Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
Turkish Lira/Australian Dollar (FOREX:TRYAUD)
Strong Downtrend (-100) - TRYAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYAUD continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for TRYAUD
The long-term trend has been DOWN since Oct 11th, 2021 at 0.152010
The intermediate-term trend has been DOWN since May 16th, 2022 at 0.092600
The short-term trend has been DOWN since May 10th, 2022 at 0.093875
Smart Scan Analysis for TRYAUD
Based on our trend formula, TRYAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).