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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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.
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MarketClub’s Trade Triangles for GBPTWD
The long-term trend has been DOWN since Nov 15th, 2024 at 41.001593
The intermediate-term trend has been UP since Feb 4th, 2025 at 41.140243
The short-term trend has been UP since Feb 12th, 2025 at 40.962175
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.451568 | 41.523589 | 41.380072 | 41.422399 | -0.029169 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.451568 | 2025-02-21 17:03:30 |