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.
MarketClub’s Trade Triangles for AUDTWD
The long-term trend has been DOWN since Jun 2nd, 2022 at 20.107705
The intermediate-term trend has been UP since Jul 19th, 2022 at 20.665769
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).