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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)

Strong Downtrend (-100) - JPYTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYTWD continues to fall. 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
0.21794900 0.21858030 0.21689949 0.21760521 -0.00034400
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 May 30th, 2022 at 0.22538315

short term down The short-term trend has been DOWN since Jun 27th, 2022 at 0.21923184

Smart Scan Analysis for JPYTWD

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

-100
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21794900 0.21858030 0.21689949 0.21760521 -0.00034400
Prev. Close Volume Bid Ask Time
0.21794900 2022-06-29 20:40:29
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