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Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
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.
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MarketClub’s Trade Triangles for USDTTD
The long-term trend has been DOWN since Nov 30th, 2021 at 6.773802
The intermediate-term trend has been UP since Dec 7th, 2021 at 6.790690
The short-term trend has been UP since Dec 7th, 2021 at 6.778139
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.798362 | 6.798362 | 6.798362 | 6.798362 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.798362 | 2021-12-07 07:25:44 |