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Forex Trend Analysis Report

Prepared for you on Saturday, October 5, 2024.

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

Weak Downtrend (-65) - NZDTWD is showing signs of a strengthening downtrend. Monitor NZDTWD as it may be building momentum to the downside.

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
19.916451 19.939761 19.806643 19.891113 -0.025338
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term up The long-term trend has been UP since Jul 17th, 2023 at 19.587908

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 19.574312

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 19.952666

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
19.916451 19.939761 19.806643 19.891113 -0.025338
Prev. Close Volume Bid Ask Time
19.916451 2024-10-04 17:04:23
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