Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
/US Dollar (FOREX:TMTUSD)
Crossroads (-60) - TMTUSD is struggling to move into a solid trend. Beware of choppy markets 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.
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 DOWN since Dec 26th, 2022 at 0.28579583
The short-term trend has been DOWN since Mar 15th, 2023 at 0.28579583
Smart Scan Analysis for TMTUSD
Based on our trend formula, TMTUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).