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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
/US Dollar (FOREX:TMTUSD)
Long-Term Downtrend (-90) - TMTUSD is in a strong downtrend that is likely to continue. While TMTUSD 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 TMTUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TMTUSD.
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 TMTUSD
The long-term trend has been DOWN since May 29th, 2024 at 0.28542155
The intermediate-term trend has been DOWN since May 29th, 2024 at 0.28542155
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.28586575
Smart Scan Analysis for TMTUSD
Based on our trend formula, TMTUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.28624003 | 0.28624003 | 0.28624003 | 0.28624003 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.28624003 | 2024-11-20 16:45:10 |