Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

/US Dollar (FOREX:TMTUSD)

Sidelines Mode (-55) - TMTUSD 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 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.

FOREX_TMTUSD
Open High Low TMTUSD Price Change
0.28586575 0.28586575 0.28586575 0.28586575 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TMTUSD

long term down The long-term trend has been DOWN since Oct 15th, 2021 at 0.28542155

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.28542155

short term up The short-term trend has been UP since Oct 25th, 2021 at 0.28586575

Smart Scan Analysis for TMTUSD

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

-55
Smart Scan Analysis for TMTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28586575 0.28586575 0.28586575 0.28586575 0.00000000
Prev. Close Volume Bid Ask Time
0.28579583 2021-10-26 13:03:15
Get a free daily analysis and signals for /US Dollar (TMTUSD) - Request Your Free Report.