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Forex Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
US Dollar/ (FOREX:USDTMT)
Sidelines Mode (+50) - USDTMT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDTMT can gain momentum.
Is it time to buy, sell, or avoid USDTMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDTMT
The long-term trend has been DOWN since Nov 1st, 2021 at 3.500
The intermediate-term trend has been UP since Nov 17th, 2021 at 3.505
The short-term trend has been UP since Jan 21st, 2022 at 3.505
Smart Scan Analysis for USDTMT
Based on our trend formula, USDTMT is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.5 | 3.5 | 3.5 | 3.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.5 | 2022-01-26 08:42:32 |