Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Sidelines Mode (+50) - AUDTWD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDTWD can gain 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.

FOREX_AUDTWD
Open High Low AUDTWD Price Change
20.788444 20.788444 20.788444 20.788444 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long-term trend has been DOWN since May 31st, 2021 at 21.276673

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 20.346028

short term up The short-term trend has been UP since Oct 4th, 2021 at 20.236554

Smart Scan Analysis for AUDTWD

Based on our trend formula, AUDTWD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.788444 20.788444 20.788444 20.788444 0.000000
Prev. Close Volume Bid Ask Time
20.863159 2021-10-23 18:50:32
Get a free daily analysis and signals for Australian Dollar/New Taiwan Dollar (AUDTWD) - Request Your Free Report.