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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TOPUSD
Open High Low TOPUSD Price Change
0.4357 0.4357 0.4357 0.4357 0.0000
Entry Signal

MarketClub’s Trade Triangles for TOPUSD

long term up The long term trend has been UP since Dec 4th, 2019 at 0.43255

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 0.42970

short term down The short term trend has been DOWN since Jan 10th, 2020 at 0.43605

Smart Scan Analysis for TOPUSD

Based on a pre-defined weighted trend formula for chart analysis, TOPUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for TOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4357 0.4357 0.4357 0.4357 0.0000
Prev. Close Volume Bid Ask Time
0.4350 0.4248 0.4466 2020-01-20 23:13:28
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