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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Trinidad and Tobago Dollar/US Dollar (FOREX:TTDUSD)

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

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

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

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

FOREX_TTDUSD
Open High Low TTDUSD Price Change
0.14741041 0.14741041 0.14741041 0.14741041 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TTDUSD

long term down The long-term trend has been DOWN since Feb 13th, 2024 at 0.14663316

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 0.14774227

short term up The short-term trend has been UP since May 14th, 2024 at 0.14737237

Smart Scan Analysis for TTDUSD

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

+50
Smart Scan Analysis for TTDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14741041 0.14741041 0.14741041 0.14741041 0.00000000
Prev. Close Volume Bid Ask Time
0.14724871 2024-05-23 07:26:10
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