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Forex Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
US Dollar/Tongan Pa'anga (FOREX:USDTOP)
Bull Market Weakness (+75) - USDTOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDTOP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDTOP
The long-term trend has been UP since Apr 2nd, 2024 at 2.37515
The intermediate-term trend has been UP since Apr 22nd, 2024 at 2.38310
The short-term trend has been UP since Apr 11th, 2024 at 2.37350
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.38115 | 2.38115 | 2.38115 | 2.38115 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.37945 | 2.33750 | 2.42480 | 2024-04-30 00:21:44 |