Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)
Long-Term Downtrend (-90) - JPYTWD is in a strong downtrend that is likely to continue. While JPYTWD is showing intraday strength, it remains in the confines of a bearish trend. 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 Mar 22nd, 2020 at 0.27821481
The short-term trend has been DOWN since Mar 17th, 2020 at 0.28440682
Smart Scan Analysis for JPYTWD
Based on our trend formula, JPYTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).