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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)

Strong Downtrend (-100) - TWDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDHKD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_TWDHKD
Open High Low TWDHKD Price Change
0.24646944 0.24657567 0.24578163 0.24594805 -0.00052100
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.24623449

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.24661855

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 0.24835791

Smart Scan Analysis for TWDHKD

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

-100
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24646944 0.24657567 0.24578163 0.24594805 -0.00052100
Prev. Close Volume Bid Ask Time
0.24646944 2024-03-19 05:57:09
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