Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Tongan Pa'anga/US Dollar (FOREX:TOPUSD)
Bull Market Weakness (+75) - TOPUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TOPUSD as it may be in the beginning stages of a reversal.
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 May 21st, 2020 at 0.43475
The intermediate-term trend has been UP since May 21st, 2020 at 0.43375
The short-term trend has been UP since May 21st, 2020 at 0.43310
Smart Scan Analysis for TOPUSD
Based on our trend formula, TOPUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).