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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

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

Weak Downtrend (-65) - USDTOP is showing signs of a strengthening downtrend. Monitor USDTOP as it may be building momentum to the downside.

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
2.3426 2.3426 2.3426 2.3426 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDTOP

long term up The long-term trend has been UP since Mar 1st, 2020 at 2.32025

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 2.35440

short term down The short-term trend has been DOWN since Apr 6th, 2020 at 2.35440

Smart Scan Analysis for USDTOP

Based on our trend formula, USDTOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3426 2.3426 2.3426 2.3426 0.0000
Prev. Close Volume Bid Ask Time
2.3426 2.2831 2.4021 2020-04-07 23:37:52
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