If you're testing after the coolers, you're not going to get consistent data when there are at least three different factory configurations, so logically you'd need to test at the trans output to get meaningful numbers. At least that's my assumption.
The FSM does not specify test points, or which system is tested. I would think that, with only one book, the listed range of "normal" temps would cover all factory setups. The same Jeep with three different setups, under the exact same "normal" driving conditions (not "Severe" or "Commercial use", both of which are mentioned in the FSM and suggest it be regeared and have the upgraded water and trans cooling setups) should run at or near the same temps, wouldn't you think?
Regardless of what the book says (and doesn't), I'd check fluid level, the sensor ground path, the wiring, and I'd compare gauge temps to IR thermometer readings of the line and fitting. My opinion, is that something is obviously wrong, and I'd verify those things first.
edited to clarify a couple of statements