USDTND Live Chart | USD to TND | Tunisian Dinar by Dinar Guru
The Live Chart and the future forecasts of the Tunisian Dinar against the US dollar are given below. Here you can also see live rates of USDTND i.e USD to TND. This analysis is given by Dinar Guru.
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Tunisian Dinar Forecast | USDTND Rate Live
If we talk about the long-term return of Tunisian Dinar i.e. USDTND from 1998 to 2019, it has given phenomenal returns i.e. 200%. The Value of 1 USD was 1.0558 TND in 1998 and its value is 3.0956 TND in 2019. The value of 1 USD is 2.7026 TND in 2021. This currency pair is doing correction from 2019 and its correction may complete by the end of 2022 and it will be a great opportunity for you to invest in the USD TND for the long term. It may also reach 4.0256 TND in few years. So as far as the long-term investment opportunity of Tunisian Dinar is concerned, the USD TND was in an uptrend for the last 10 years and it is in correction, so get ready to invest in it at the right level or as soon as it starts showing that it’s gonna go up.
The good thing about the Tunisian Dinar is it is a very liquid currency pair so that you can easily make positional trades on any on the weekly timeframe. But it’s not that liquid for making intraday trades. So stay away from the short-term trading from this currency pair otherwise you will be trapped into it.
Like all the other Dinar currency pairs, USDTND does not have great volumes and liquidity. Still, Stock markets and crypto markets are better than this pair to invest in, but if you want to hold or invest in a Dinar Currency, the Tunisian Dinar is the best option especially way better than the Iraqi Dinar. If everything goes well for the Tunisian Dinar, it can easily hit the 4.0256 TND mark in the upcoming 3-4 years.
The Technical chart of the USDTND is very solid and shows a highly bullish trend. So mind one thing, the trend is always your friend until it bends. So as far as USDTND is in the good uptrend, you should enjoy its move. But you must keep the stop loss before making any investment or trading. Stoploss is very vital for preserving your capital. Remember one thing, it doesn’t matter how bullish you are in a stock or any financial instrument, Stoploss is inevitable.