Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/Trinidad and Tobago Dollar (FOREX:USDTTD)
Countertrend Down (-85) - USDTTD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Nov 6th, 2022 at 6.761089
The intermediate-term trend has been DOWN since Jan 31st, 2023 at 6.791845
The short-term trend has been UP since Mar 8th, 2023 at 6.780122
Smart Scan Analysis for USDTTD
Based on our trend formula, USDTTD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).