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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.

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

MarketClub’s Trade Triangles for AUDTWD

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

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

short term up 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
Smart Scan Analysis for AUDTWD
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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