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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Weak Downtrend (-65) - AUDTWD is showing signs of a strengthening downtrend. Monitor AUDTWD as it may be building momentum to the downside.

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
21.492116 21.539107 21.480511 21.495230 +0.003114
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term up The long-term trend has been UP since Apr 4th, 2024 at 21.208840

intermediate term down The intermediate-term trend has been DOWN since Jul 23rd, 2024 at 21.626563

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 21.979481

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
21.492116 21.539107 21.480511 21.495230 +0.003114
Prev. Close Volume Bid Ask Time
21.492116 2024-07-26 17:00:04
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