Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
US Dollar/Tongan Pa'anga (FOREX:USDTOP)
Long-Term Downtrend (-90) - USDTOP is in a strong downtrend that is likely to continue. While USDTOP 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 USDTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDTOP
The long-term trend has been DOWN since Nov 16th, 2023 at 2.3831
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 2.3707
The short-term trend has been DOWN since Mar 11th, 2024 at 2.3707
Smart Scan Analysis for USDTOP
Based on our trend formula, USDTOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.3690 | 2.3690 | 2.3690 | 2.3690 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
2.3780 | 2.3261 | 2.4119 | 2024-03-19 01:01:13 |