Is TrueUSD (TUSD) Heading the Right Direction Friday?

TrueUSD receives a strong long-term technical score of 68 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, TUSD holds a superior long-term technical analysis score than 68% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving TrueUSD a 68 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TrueUSD!

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Trading Analysis

TrueUSD's price is $0.0000000 (-0.05%) below its 100-day moving average price of $1.000000000 as its price at the moment sits at $1.000000000. Additionally, TUSD is $0.0200000 (-1021.89%) higher than its 52-week low price of $0.980000000 while -$0.07000000 (-838.26%) under its 52-week high of $1.070000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives TUSD a strong long-term technical score of 68. Long-term trading movement of TrueUSD suggest that investors are neutral on the token at the moment. TrueUSD has a total market value of $1,314,060,697.84 with an high average daily volume of $988,609,147.91 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, TUSD's volume is below its average with $141,447,788.90 exchanged in total. This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

Trading patterns over the last year for TrueUSD leads to the token's a strong long-term technical score of 68 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on TrueUSD (TUSD).