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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.

FOREX_GBPTWD
Open High Low GBPTWD Price Change
38.747960 38.780981 38.534964 38.637950 -0.110010
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

long term up The long-term trend has been UP since Jan 3rd, 2021 at 38.454452

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2020 at 38.356937

short term down 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).

+65
Smart Scan Analysis for GBPTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.747960 38.780981 38.534964 38.637950 -0.110010
Prev. Close Volume Bid Ask Time
38.747960 2021-03-05 08:59:00
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