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Forex Trend Analysis Report

Prepared for you on Friday, September 18, 2020.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Long-Term Downtrend (-90) - TRYAUD is in a strong downtrend that is likely to continue. While TRYAUD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.180900 0.181355 0.180825 0.181080 +0.000180
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 0.239440

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2020 at 0.214790

short term down The short-term trend has been DOWN since Sep 8th, 2020 at 0.183905

Smart Scan Analysis for TRYAUD

Based on our trend formula, TRYAUD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.180900 0.181355 0.180825 0.181080 +0.000180
Prev. Close Volume Bid Ask Time
0.180900 0.180940 0.181220 2020-09-18 02:55:45
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