Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
/US Dollar (FOREX:TJSUSD)
Countertrend Down (-85) - TJSUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
MarketClub’s Trade Triangles for TJSUSD
The long-term trend has been DOWN since Mar 17th, 2020 at 0.10283472
The intermediate-term trend has been DOWN since Mar 10th, 2020 at 0.10292537
The short-term trend has been UP since May 24th, 2020 at 0.09745937
Smart Scan Analysis for TJSUSD
Based on our trend formula, TJSUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).