Forex Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
US Dollar/Tongan Pa'anga (FOREX:USDTOP)
Sidelines Mode (+50) - USDTOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDTOP can gain momentum.
Is it time to buy, sell, or avoid USDTOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDTOP
The long-term trend has been DOWN since Oct 21st, 2021 at 2.23895
The intermediate-term trend has been UP since Nov 10th, 2021 at 2.24955
The short-term trend has been UP since Nov 3rd, 2021 at 2.23795
Smart Scan Analysis for USDTOP
Based on our trend formula, USDTOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).