Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Taiwan Dollar/Pakistani Rupee (FOREX:TWDPKR)
Long-Term Downtrend (-90) - TWDPKR is in a strong downtrend that is likely to continue. While TWDPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDPKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDPKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TWDPKR
The long-term trend has been DOWN since Oct 4th, 2023 at 8.836210
The intermediate-term trend has been DOWN since Feb 12th, 2024 at 8.907456
The short-term trend has been DOWN since Mar 14th, 2024 at 8.869637
Smart Scan Analysis for TWDPKR
Based on our trend formula, TWDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.545435 | 8.560350 | 8.545435 | 8.560350 | +0.014915 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.545435 | 2024-04-25 14:29:49 |