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.
MarketClub’s Trade Triangles for GBPTWD
The long-term trend has been DOWN since Feb 28th, 2020 at 38.642760
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 37.946201
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).