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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

US Dollar/Tongan Pa'anga (FOREX:USDTOP)

Strong Downtrend (-100) - USDTOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDTOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDTOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDTOP
Open High Low USDTOP Price Change
2.23395 2.23395 2.23395 2.23395 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDTOP

long term down The long-term trend has been DOWN since Oct 21st, 2021 at 2.23895

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 2.25870

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 2.26690

Smart Scan Analysis for USDTOP

Based on our trend formula, USDTOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.23395 2.23395 2.23395 2.23395 0.00000
Prev. Close Volume Bid Ask Time
2.23395 2.17910 2.28880 2021-10-21 00:35:20
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