Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
/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.
MarketClub’s Trade Triangles for TJSUSD
The long-term trend has been UP since Nov 14th, 2023 at 0.09189288
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 0.09132718
The short-term trend has been UP since Dec 8th, 2023 at 0.09141248
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).