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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/ (FOREX:USDTMT)
Bull Market Weakness (+75) - USDTMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDTMT as it may be in the beginning stages of a reversal.
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 UP since May 29th, 2024 at 3.510
The intermediate-term trend has been UP since May 29th, 2024 at 3.510
The short-term trend has been UP since Oct 22nd, 2024 at 3.505
Smart Scan Analysis for USDTMT
Based on our trend formula, USDTMT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.51 | 3.51 | 3.50 | 3.50 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.51 | 2024-11-18 17:48:13 |