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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)

Crossroads (+60) - JPYTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.23267201 0.23474785 0.23079600 0.23201530 -0.00065700
Entry Signal

MarketClub’s Trade Triangles for JPYTWD

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 0.22140941

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2023 at 0.23246328

short term up The short-term trend has been UP since Mar 24th, 2023 at 0.23319648

Smart Scan Analysis for JPYTWD

Based on our trend formula, JPYTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23267201 0.23474785 0.23079600 0.23201530 -0.00065700
Prev. Close Volume Bid Ask Time
0.23267201 2023-03-24 20:25:03
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