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Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)
Bull Market Weakness (+75) - AUDTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDTWD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for AUDTWD
The long-term trend has been UP since Aug 3rd, 2023 at 21.313766
The intermediate-term trend has been UP since Dec 3rd, 2023 at 20.916733
The short-term trend has been UP since Dec 8th, 2023 at 20.796510
Smart Scan Analysis for AUDTWD
Based on our trend formula, AUDTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.716619 | 20.912097 | 20.602935 | 20.686001 | -0.030618 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.716619 | 2023-12-08 17:07:12 |