Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Trinidad and Tobago Dollar/Surinamese Dollar (FOREX:TTDSRD)
Countertrend Down (-85) - TTDSRD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TTDSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TTDSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TTDSRD
The long-term trend has been DOWN since Dec 24th, 2021 at 3.162
The intermediate-term trend has been DOWN since Dec 21st, 2021 at 3.193
The short-term trend has been UP since Jan 5th, 2022 at 2.990
Smart Scan Analysis for TTDSRD
Based on our trend formula, TTDSRD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).