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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)

Weak Downtrend (-65) - JPYTWD is showing signs of a strengthening downtrend. Monitor JPYTWD as it may be building momentum to the downside.

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
0.20937425 0.20942869 0.20867063 0.20889778 -0.00047600
Entry Signal

MarketClub’s Trade Triangles for JPYTWD

long term up The long-term trend has been UP since Jul 24th, 2024 at 0.21262187

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2024 at 0.21737296

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 0.20889853

Smart Scan Analysis for JPYTWD

Based on our trend formula, JPYTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20937425 0.20942869 0.20867063 0.20889778 -0.00047600
Prev. Close Volume Bid Ask Time
0.20937425 2024-11-20 03:33:38
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