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Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

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

Weak Downtrend (-65) - USDTOP is showing signs of a strengthening downtrend. Monitor USDTOP as it may be building momentum to the downside.

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.

FOREX_USDTOP
Open High Low USDTOP Price Change
2.37095 2.37095 2.37095 2.37095 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDTOP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 2.37515

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2024 at 2.38115

short term down The short-term trend has been DOWN since May 13th, 2024 at 2.37855

Smart Scan Analysis for USDTOP

Based on our trend formula, USDTOP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.37095 2.37095 2.37095 2.37095 0.00000
Prev. Close Volume Bid Ask Time
2.35865 2.32770 2.41420 2024-05-13 23:39:43
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