Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Sidelines Mode (-55) - AUDTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	AUDTWD Price	Change
20.451013	20.545066	20.371046	20.510782	+0.059769
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

The long-term trend has been DOWN since Mar 7th, 2023 at 20.317755

The intermediate-term trend has been DOWN since Feb 23rd, 2023 at 20.623915

The short-term trend has been UP since Mar 17th, 2023 at 20.526598

Smart Scan Analysis for AUDTWD

Based on our trend formula, AUDTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
20.451013	20.545066	20.371046	20.510782	+0.059769
Prev. Close	Volume	Bid	Ask	Time
20.451013				2023-03-20 18:14:30

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