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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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

Bear Market Rally (-75) - USDTOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDTOP as it may be in the beginning of a reversal.

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
2.2926 2.2926 2.2926 2.2926 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDTOP

long term down The long-term trend has been DOWN since Jan 5th, 2021 at 2.27405

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 2.29470

short term up The short-term trend has been UP since Mar 8th, 2021 at 2.28840

Smart Scan Analysis for USDTOP

Based on our trend formula, USDTOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2926 2.2926 2.2926 2.2926 0.0000
Prev. Close Volume Bid Ask Time
2.2926 2.2356 2.3496 2021-03-08 23:28:31
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