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.
MarketClub’s Trade Triangles for USDTOP
The long-term trend has been DOWN since Oct 21st, 2021 at 2.23895
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 2.25870
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).