Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)
Bear Market Rally (-75) - TWDAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDAUD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TWDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDAUD.
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 TWDAUD
The long-term trend has been DOWN since Apr 4th, 2024 at 0.04727872
The intermediate-term trend has been UP since Apr 18th, 2024 at 0.04814984
The short-term trend has been DOWN since Apr 21st, 2024 at 0.04781111
Smart Scan Analysis for TWDAUD
Based on our trend formula, TWDAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04718641 | 0.04718880 | 0.04714382 | 0.04714382 | -0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04718641 | 2024-04-25 00:59:05 |