Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
British Pound/New Taiwan Dollar (FOREX:GBPTWD)
Weak Uptrend (+65) - GBPTWD is showing signs of weakening momentum to the upside. Monitor GBPTWD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTWD
The long-term trend has been UP since Jan 3rd, 2021 at 38.454452
The intermediate-term trend has been UP since Dec 30th, 2020 at 38.356937
The short-term trend has been DOWN since Feb 25th, 2021 at 38.950263
Smart Scan Analysis for GBPTWD
Based on our trend formula, GBPTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).