Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/ (FOREX:USDTMT)
Countertrend Up (+85) - USDTMT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDTMT
The long-term trend has been UP since May 29th, 2024 at 3.510
The intermediate-term trend has been UP since Jan 29th, 2025 at 3.505
The short-term trend has been UP since Mar 4th, 2025 at 3.505
Smart Scan Analysis for USDTMT
Based on our trend formula, USDTMT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.505 | 3.505 | 3.505 | 3.505 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.505 | 2025-05-06 15:44:00 |