Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/Trinidad and Tobago Dollar (FOREX:USDTTD)
Sidelines Mode (-55) - USDTTD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDTTD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTTD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDTTD
The long-term trend has been DOWN since Dec 31st, 2020 at 6.760948
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 6.781151
The short-term trend has been UP since Feb 25th, 2021 at 6.790583
Smart Scan Analysis for USDTTD
Based on our trend formula, USDTTD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).