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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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
20.931111 20.931111 20.931111 20.931111 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long-term trend has been DOWN since Oct 15th, 2020 at 20.389862

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 20.598868

short term down The short-term trend has been DOWN since Dec 1st, 2020 at 20.969012

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
20.931111 20.931111 20.931111 20.931111 0.000000
Prev. Close Volume Bid Ask Time
20.931111 2020-12-04 07:18:27
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