Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for JPYTWD
The long-term trend has been DOWN since Mar 25th, 2020 at 0.27226580
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.25098806
The short-term trend has been DOWN since Oct 14th, 2021 at 0.24986960
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).