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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.

FOREX_USDTMT
Open High Low USDTMT Price Change
3.5 3.5 3.5 3.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDTMT

long term down The long-term trend has been DOWN since Nov 1st, 2021 at 3.500

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2021 at 3.505

short term up 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).

+50
Smart Scan Analysis for USDTMT
Strong Downtrend Sideways 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
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