Forex Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)
Long-Term Uptrend (+90) - NZDTWD is in a strong uptrend that is likely to continue. While NZDTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NZDTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NZDTWD
The long-term trend has been UP since Jul 17th, 2023 at 19.587908
The intermediate-term trend has been UP since Sep 14th, 2023 at 19.145974
The short-term trend has been UP since Sep 28th, 2023 at 19.238361
Smart Scan Analysis for NZDTWD
Based on our trend formula, NZDTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).