Forex Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
US Dollar/Trinidad and Tobago Dollar (FOREX:USDTTD)
Sidelines Mode (+50) - USDTTD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDTTD can gain momentum.
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 Apr 19th, 2023 at 6.776937
The intermediate-term trend has been UP since Nov 23rd, 2023 at 6.795963
The short-term trend has been UP since Nov 23rd, 2023 at 6.785271
Smart Scan Analysis for USDTTD
Based on our trend formula, USDTTD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).