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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

/US Dollar (FOREX:TJSUSD)

Sidelines Mode (-55) - TJSUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_TJSUSD
Open High Low TJSUSD Price Change
0.0915686 0.0915686 0.0915686 0.0915686 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TJSUSD

long term down The long-term trend has been DOWN since Mar 18th, 2024 at 0.09112012

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.09140063

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.09162443

Smart Scan Analysis for TJSUSD

Based on our trend formula, TJSUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TJSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0915686 0.0915686 0.0915686 0.0915686 0.0000000
Prev. Close Volume Bid Ask Time
0.0915686 2024-05-09 07:26:28
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