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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Tongan Pa'anga/US Dollar (FOREX:TOPUSD)

Countertrend Up (+85) - TOPUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_TOPUSD
Open High Low TOPUSD Price Change
0.4244 0.4244 0.4244 0.4244 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPUSD

long term up The long-term trend has been UP since Nov 28th, 2023 at 0.42165

intermediate term up The intermediate-term trend has been UP since Nov 16th, 2023 at 0.41880

short term up The short-term trend has been UP since Nov 7th, 2023 at 0.41825

Smart Scan Analysis for TOPUSD

Based on our trend formula, TOPUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for TOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4244 0.4244 0.4244 0.4244 0.0000
Prev. Close Volume Bid Ask Time
0.4244 0.4167 0.4321 2023-11-28 22:48:20
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