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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

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.

FOREX_AUDTWD
Open High Low AUDTWD Price Change
21.192090 21.276925 21.173279 21.264124 +0.072034
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long-term trend has been DOWN since Jun 2nd, 2022 at 20.107705

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 20.665769

short term up The short-term trend has been UP since Aug 8th, 2022 at 20.978398

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).

+70
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.192090 21.276925 21.173279 21.264124 +0.072034
Prev. Close Volume Bid Ask Time
21.192090 2022-08-11 04:04:30
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