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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.

FOREX_JPYTWD
Open High Low JPYTWD Price Change
0.27108864 0.27108864 0.27108864 0.27108864 0.00000000
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 down The intermediate-term trend has been DOWN since Mar 22nd, 2020 at 0.27821481

short term down 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).

-90
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27108864 0.27108864 0.27108864 0.27108864 0.00000000
Prev. Close Volume Bid Ask Time
0.27968714 0.26280210 0.27937519 2020-03-25 22:09:32
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