Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Hong Kong Dollar/New Taiwan Dollar (FOREX:HKDTWD)
Long-Term Uptrend (+90) - HKDTWD is in a strong uptrend that is likely to continue. While HKDTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HKDTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTWD.
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 HKDTWD
The long-term trend has been UP since Mar 19th, 2024 at 4.0610630
The intermediate-term trend has been UP since Mar 18th, 2024 at 4.0547070
The short-term trend has been UP since Mar 13th, 2024 at 4.0264431
Smart Scan Analysis for HKDTWD
Based on our trend formula, HKDTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.0874672 | 4.1000375 | 4.0785133 | 4.0914406 | +0.0039730 |
Prev. Close | Volume | Bid | Ask | Time |
4.0874672 | 2024-03-28 07:32:36 |