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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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

Sidelines Mode (+55) - TOPUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.4352 0.4393 0.4352 0.4393 +0.0041
Entry Signal

MarketClub’s Trade Triangles for TOPUSD

long term up The long-term trend has been UP since Jan 5th, 2021 at 0.44000

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 0.43605

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.43605

Smart Scan Analysis for TOPUSD

Based on our trend formula, TOPUSD is rated as a +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
0.4352 0.4393 0.4352 0.4393 +0.0041
Prev. Close Volume Bid Ask Time
0.4369 0.4284 0.4502 2021-03-03 23:17:42
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