Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)
Strong Uptrend (+100) - AUDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid AUDTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDTWD
The long-term trend has been UP since Dec 31st, 2020 at 21.433650
The intermediate-term trend has been UP since Feb 14th, 2021 at 21.714233
The short-term trend has been UP since Feb 22nd, 2021 at 21.838524
Smart Scan Analysis for AUDTWD
Based on our trend formula, AUDTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).