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Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
US Dollar/Tongan Pa'anga (FOREX:USDTOP)
Countertrend Up (+85) - USDTOP 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 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.
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MarketClub’s Trade Triangles for USDTOP
The long-term trend has been UP since Apr 29th, 2022 at 2.28450
The intermediate-term trend has been UP since Jun 13th, 2022 at 2.32435
The short-term trend has been UP since Jun 28th, 2022 at 2.33740
Smart Scan Analysis for USDTOP
Based on our trend formula, USDTOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.3578 | 2.3578 | 2.3578 | 2.3578 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.3578 | 2.2967 | 2.4189 | 2022-07-06 01:35:29 |