Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
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 Oct 15th, 2021 at 3.51
The intermediate-term trend has been UP since Oct 15th, 2021 at 3.51
The short-term trend has been UP since Oct 15th, 2021 at 3.51
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).