Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Tongan Pa'anga/US Dollar (FOREX:TOPUSD)
Sidelines Mode (+55) - TOPUSD 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 TOPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TOPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TOPUSD
The long-term trend has been UP since Jan 5th, 2021 at 0.44000
The intermediate-term trend has been UP since Feb 23rd, 2021 at 0.43605
The short-term trend has been DOWN since Mar 3rd, 2021 at 0.43605
Smart Scan Analysis for TOPUSD
Based on our trend formula, TOPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).