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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

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
20.716619 20.912097 20.602935 20.686001 -0.030618
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term up The long-term trend has been UP since Aug 3rd, 2023 at 21.313766

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2023 at 20.916733

short term up The short-term trend has been UP since Dec 8th, 2023 at 20.796510

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
20.716619 20.912097 20.602935 20.686001 -0.030618
Prev. Close Volume Bid Ask Time
20.716619 2023-12-08 17:07:12
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