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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)

Sidelines Mode (+50) - JPYTWD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until JPYTWD can gain momentum.

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.

FOREX_JPYTWD
Open High Low JPYTWD Price Change
0.27889381 0.27910595 0.27889381 0.27910595 +0.00021200
Entry Signal

MarketClub’s Trade Triangles for JPYTWD

long term down The long-term trend has been DOWN since Mar 25th, 2020 at 0.27226580

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2020 at 0.27585541

short term up The short-term trend has been UP since Jul 8th, 2020 at 0.27348441

Smart Scan Analysis for JPYTWD

Based on our trend formula, JPYTWD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27889381 0.27910595 0.27889381 0.27910595 +0.00021200
Prev. Close Volume Bid Ask Time
0.27889381 0.27099002 0.28722188 2020-07-29 07:32:00
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