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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/New Taiwan Dollar (FOREX:GBPTWD)
Long-Term Downtrend (-90) - GBPTWD is in a strong downtrend that is likely to continue. While GBPTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPTWD
The long-term trend has been DOWN since May 2nd, 2025 at 40.478911
The intermediate-term trend has been DOWN since May 1st, 2025 at 41.494147
The short-term trend has been DOWN since Apr 29th, 2025 at 43.155846
Smart Scan Analysis for GBPTWD
Based on our trend formula, GBPTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.958044 | 40.133298 | 39.523115 | 40.029846 | +0.071802 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.958044 | 2025-05-09 05:26:35 |