Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)
Strong Uptrend (+100) - NZDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Nov 18th, 2020 at 19.702572
The intermediate-term trend has been UP since Dec 31st, 2020 at 20.078277
The short-term trend has been UP since Feb 22nd, 2021 at 20.281520
Smart Scan Analysis for NZDTWD
Based on our trend formula, NZDTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).