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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

/US Dollar (FOREX:TMTUSD)

Weak Downtrend (-65) - TMTUSD is showing signs of a strengthening downtrend. Monitor TMTUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TMTUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TMTUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TMTUSD
Open High Low TMTUSD Price Change
0.28586575 0.28624003 0.28586575 0.28624003 +0.00037400
Entry Signal

MarketClub’s Trade Triangles for TMTUSD

long term down The long-term trend has been DOWN since May 29th, 2024 at 0.28542155

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 0.28542155

short term down The short-term trend has been DOWN since May 16th, 2024 at 0.28579583

Smart Scan Analysis for TMTUSD

Based on our trend formula, TMTUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TMTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28586575 0.28624003 0.28586575 0.28624003 +0.00037400
Prev. Close Volume Bid Ask Time
0.28586575 2024-06-14 16:05:10
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