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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.

FOREX_USDTOP
Open High Low USDTOP Price Change
2.2845 2.2845 2.2845 2.2845 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDTOP

long term down The long-term trend has been DOWN since Oct 21st, 2021 at 2.23895

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2021 at 2.24955

short term up 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).

+50
Smart Scan Analysis for USDTOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2845 2.2845 2.2845 2.2845 0.0000
Prev. Close Volume Bid Ask Time
2.2866 2.3419 2.2271 2021-11-30 23:04:26
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