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Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)
Countertrend Down (-85) - JPYTWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for JPYTWD
The long-term trend has been DOWN since Dec 19th, 2024 at 0.20761358
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.20955622
The short-term trend has been UP since Dec 30th, 2024 at 0.20865180
Smart Scan Analysis for JPYTWD
Based on our trend formula, JPYTWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20909172 | 0.21016940 | 0.20870298 | 0.20884669 | -0.00024500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20909172 | 2025-01-02 11:57:48 |