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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Tongan Pa'anga/US Dollar (FOREX:TOPUSD)

Sidelines Mode (+50) - TOPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TOPUSD can gain momentum.

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

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

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

FOREX_TOPUSD
Open High Low TOPUSD Price Change
0.4235 0.4235 0.4229 0.4229 -0.0006
Entry Signal

MarketClub’s Trade Triangles for TOPUSD

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 0.42115

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 0.42010

short term up The short-term trend has been UP since May 13th, 2024 at 0.42010

Smart Scan Analysis for TOPUSD

Based on our trend formula, TOPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for TOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4235 0.4235 0.4229 0.4229 -0.0006
Prev. Close Volume Bid Ask Time
0.4234 0.4152 0.4306 2024-05-22 23:37:42
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