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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.

FOREX_TRYAUD
Open High Low TRYAUD Price Change
0.091540 0.091625 0.089325 0.089335 -0.002205
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.152010

intermediate term down The intermediate-term trend has been DOWN since May 16th, 2022 at 0.092600

short term down 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).

-100
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.091540 0.091625 0.089325 0.089335 -0.002205
Prev. Close Volume Bid Ask Time
0.091540 2022-05-17 19:22:11
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