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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

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

Strong Downtrend (-100) - HKDTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
3.5841469 3.5841469 3.5841469 3.5841469 0.0000000
Entry Signal

MarketClub’s Trade Triangles for HKDTWD

long term down The long-term trend has been DOWN since Apr 30th, 2020 at 3.8408888

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 3.6058891

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 3.6105465

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
3.5841469 3.5841469 3.5841469 3.5841469 0.0000000
Prev. Close Volume Bid Ask Time
3.5841469 2021-02-25 07:31:41
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