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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Bull Market Weakness (+75) - NZDTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDTWD as it may be in the beginning stages of a reversal.

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.

FOREX_NZDTWD
Open High Low NZDTWD Price Change
19.512626 19.512626 19.501710 19.501710 -0.010916
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term up The long-term trend has been UP since Jun 5th, 2020 at 19.053624

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 18.306320

short term up The short-term trend has been UP since Jul 15th, 2020 at 19.375331

Smart Scan Analysis for NZDTWD

Based on our trend formula, NZDTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.512626 19.512626 19.501710 19.501710 -0.010916
Prev. Close Volume Bid Ask Time
19.512626 18.934633 20.068786 2020-07-29 07:32:00
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