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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)
Long-Term Downtrend (-90) - AUDTWD is in a strong downtrend that is likely to continue. While AUDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AUDTWD
The long-term trend has been DOWN since Aug 5th, 2024 at 21.075000
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 21.406552
The short-term trend has been DOWN since Dec 11th, 2024 at 20.691394
Smart Scan Analysis for AUDTWD
Based on our trend formula, AUDTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.349848 | 20.455059 | 20.325991 | 20.392782 | +0.042934 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.349848 | 2024-12-20 17:06:16 |