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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.

FOREX_TMTUSD
Open High Low TMTUSD Price Change
0.28579583 0.28579583 0.28579583 0.28579583 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TMTUSD

long term up The long-term trend has been UP since Sep 8th, 2022 at 0.28624003

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2023 at 0.28586575

short term up 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).

+70
Smart Scan Analysis for TMTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28579583 0.28579583 0.28579583 0.28579583 0.00000000
Prev. Close Volume Bid Ask Time
0.28579583 2023-12-07 16:04:43
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