Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Euro/Trinidad and Tobago Dollar (FOREX:EURTTD)
Sidelines Mode (+50) - EURTTD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURTTD can gain momentum.
Is it time to buy, sell, or avoid EURTTD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTTD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURTTD
The long-term trend has been DOWN since Apr 5th, 2020 at 7.3005
The intermediate-term trend has been UP since May 19th, 2020 at 7.3657
The short-term trend has been UP since Jun 1st, 2020 at 7.4223
Smart Scan Analysis for EURTTD
Based on our trend formula, EURTTD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).