Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
/US Dollar (FOREX:TMTUSD)
Strong Downtrend (-100) - TMTUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for TMTUSD
The long-term trend has been DOWN since Jul 17th, 2018 at 0.28513500
The intermediate-term trend has been DOWN since Oct 22nd, 2019 at 0.28552000
The short-term trend has been DOWN since May 20th, 2020 at 0.28551646
Smart Scan Analysis for TMTUSD
Based on our trend formula, TMTUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).