Not as familiar with the RENIX era auto trans. I'd pull the plug to the TCU, or there is a fuse for the trans you can pull. See how it drives. You will have to shift manually. Also, be aware, the trans will not self brake. So, you will have to shift at appropriate RPMs.
There are about 5 items that control the transmission. ECU, TCU, TPS, NSS, and the brake light switch. I'd include the shift solenoids and speed sensor. I might suspect the TPS in this case. Also, check that the NSS is clocked right.