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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

British Pound/New Taiwan Dollar (FOREX:GBPTWD)

Weak Downtrend (-65) - GBPTWD is showing signs of a strengthening downtrend. Monitor GBPTWD as it may be building momentum to the downside.

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
37.377455 37.448042 36.951704 37.122885 -0.254570
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 38.642760

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 37.946201

short term down The short-term trend has been DOWN since Apr 3rd, 2020 at 37.166934

Smart Scan Analysis for GBPTWD

Based on our trend formula, GBPTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.377455 37.448042 36.951704 37.122885 -0.254570
Prev. Close Volume Bid Ask Time
37.377455 37.092210 37.153560 2020-04-03 17:18:30
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