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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

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

Strong Downtrend (-100) - TOPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TOPUSD continues to fall. Traders should use caution and set stops.

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
0.41915 0.41915 0.41845 0.41845 -0.00070
Entry Signal

MarketClub’s Trade Triangles for TOPUSD

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 0.42115

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.41975

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 0.42145

Smart Scan Analysis for TOPUSD

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

-100
Smart Scan Analysis for TOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41915 0.41915 0.41845 0.41845 -0.00070
Prev. Close Volume Bid Ask Time
0.41915 0.41080 0.42610 2024-04-15 23:45:08
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