Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Weak Downtrend (-65) - TWDGBP is showing signs of a strengthening downtrend. Monitor TWDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDGBP
The long-term trend has been DOWN since Jan 19th, 2024 at 0.02485530
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.02456121
The short-term trend has been UP since May 1st, 2024 at 0.02458007
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02468153 | 0.02476482 | 0.02463952 | 0.02465762 | -0.00002400 |
Prev. Close | Volume | Bid | Ask | Time |
0.02468153 | 2024-05-09 14:17:46 |