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.
MarketClub’s Trade Triangles for JPYTWD
The long-term trend has been DOWN since Mar 10th, 2023 at 0.22140941
The intermediate-term trend has been UP since Mar 20th, 2023 at 0.23246328
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).