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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Sidelines Mode (+50) - AUDTWD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AUDTWD can gain momentum.

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
18.455476 18.455476 18.455476 18.455476 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long-term trend has been DOWN since Dec 24th, 2018 at 21.744500

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 18.384752

short term up The short-term trend has been UP since Apr 2nd, 2020 at 17.805236

Smart Scan Analysis for AUDTWD

Based on our trend formula, AUDTWD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.455476 18.455476 18.455476 18.455476 0.000000
Prev. Close Volume Bid Ask Time
18.455476 17.890089 19.020863 2020-04-06 21:07:43
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