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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Crossroads (-60) - NZDTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDTWD
Open High Low NZDTWD Price Change
19.122052 19.149742 19.056255 19.149742 +0.027690
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term up The long-term trend has been UP since Jul 17th, 2023 at 19.587908

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 19.156171

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 19.173754

Smart Scan Analysis for NZDTWD

Based on our trend formula, NZDTWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.122052 19.149742 19.056255 19.149742 +0.027690
Prev. Close Volume Bid Ask Time
19.122052 2024-03-29 08:42:14
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