Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

British Pound/New Taiwan Dollar (FOREX:GBPTWD)

Bull Market Weakness (+75) - GBPTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

Open	High	Low	GBPTWD Price	Change
38.025615	38.133599	38.023131	38.118666	+0.093051
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

The long-term trend has been DOWN since Nov 2nd, 2020 at 36.632838

The intermediate-term trend has been UP since Nov 10th, 2020 at 37.783413

The short-term trend has been UP since Nov 3rd, 2020 at 37.116180

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
38.025615	38.133599	38.023131	38.118666	+0.093051
Prev. Close	Volume	Bid	Ask	Time
38.025615				2020-11-24 04:29:28

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