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Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
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.
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MarketClub’s Trade Triangles for HKDTWD
The long-term trend has been UP since Aug 2nd, 2023 at 4.0609650
The intermediate-term trend has been UP since Aug 2nd, 2023 at 4.0609650
The short-term trend has been UP since Sep 19th, 2023 at 4.0959497
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1220134 | 4.1287770 | 4.1198243 | 4.1248148 | +0.0028010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1220134 | 2023-09-27 21:52:05 |