Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)
Strong Downtrend (-100) - JPYTWD 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 JPYTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYTWD
The long-term trend has been DOWN since Mar 25th, 2020 at 0.27226580
The intermediate-term trend has been DOWN since Dec 21st, 2020 at 0.27112971
The short-term trend has been DOWN since Feb 24th, 2021 at 0.26392470
Smart Scan Analysis for JPYTWD
Based on our trend formula, JPYTWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).