Forex Trend Analysis Report
Prepared for you on Friday, December 9, 2022.
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.
MarketClub’s Trade Triangles for TOPUSD
The long-term trend has been UP since Dec 1st, 2022 at 0.4239
The intermediate-term trend has been UP since Nov 2nd, 2022 at 0.4094
The short-term trend has been UP since Nov 2nd, 2022 at 0.4133
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).