Forex Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
US Dollar/ (FOREX:USDTJS)
Sidelines Mode (+55) - USDTJS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDTJS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTJS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDTJS
The long-term trend has been UP since Mar 17th, 2020 at 9.725657
The intermediate-term trend has been UP since Feb 16th, 2021 at 11.414831
The short-term trend has been DOWN since Feb 26th, 2021 at 11.392334
Smart Scan Analysis for USDTJS
Based on our trend formula, USDTJS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).