Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

US Dollar/Trinidad and Tobago Dollar (FOREX:USDTTD)

Sidelines Mode (+55) - USDTTD 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 USDTTD?

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

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

FOREX_USDTTD
Open High Low USDTTD Price Change
6.781191 6.781191 6.781191 6.781191 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTTD

long term up The long-term trend has been UP since Feb 13th, 2024 at 6.822434

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2024 at 6.771463

short term up The short-term trend has been UP since May 7th, 2024 at 6.772612

Smart Scan Analysis for USDTTD

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

+55
Smart Scan Analysis for USDTTD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.781191 6.781191 6.781191 6.781191 0.000000
Prev. Close Volume Bid Ask Time
6.781191 2024-05-08 21:02:47
Get a free daily analysis and signals for US Dollar/Trinidad and Tobago Dollar (USDTTD) - Request Your Free Report.