Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
/US Dollar (FOREX:TMTUSD)
Bull Market Weakness (+75) - TMTUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TMTUSD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for TMTUSD
The long-term trend has been UP since Sep 8th, 2022 at 0.28624003
The intermediate-term trend has been UP since Mar 31st, 2023 at 0.28586575
The short-term trend has been UP since Nov 17th, 2023 at 0.28586575
Smart Scan Analysis for TMTUSD
Based on our trend formula, TMTUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).