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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Hong Kong Dollar/New Taiwan Dollar (FOREX:HKDTWD)

Strong Uptrend (+100) - HKDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid HKDTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for HKDTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_HKDTWD
Open High Low HKDTWD Price Change
4.1284633 4.1623446 4.1272023 4.1551480 +0.0266850
Entry Signal

MarketClub’s Trade Triangles for HKDTWD

long term up The long-term trend has been UP since Mar 19th, 2024 at 4.0610630

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 4.0547070

short term up The short-term trend has been UP since Apr 10th, 2024 at 4.1090554

Smart Scan Analysis for HKDTWD

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

+100
Smart Scan Analysis for HKDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1284633 4.1623446 4.1272023 4.1551480 +0.0266850
Prev. Close Volume Bid Ask Time
4.1284633 2024-04-18 23:32:08
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