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Forex Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

US Dollar/ (FOREX:USDTMT)

Weak Uptrend (+65) - USDTMT is showing signs of weakening momentum to the upside. Monitor USDTMT as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDTMT
Open High Low USDTMT Price Change
3.50 3.51 3.50 3.51 +0.01
Entry Signal

MarketClub’s Trade Triangles for USDTMT

long term up The long-term trend has been UP since Jul 17th, 2018 at 3.510

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 3.505

short term down The short-term trend has been DOWN since Oct 19th, 2020 at 3.505

Smart Scan Analysis for USDTMT

Based on our trend formula, USDTMT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDTMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.50 3.51 3.50 3.51 +0.01
Prev. Close Volume Bid Ask Time
3.50 2020-10-19 11:14:41
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