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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

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

Long-Term Downtrend (-90) - NZDTWD is in a strong downtrend that is likely to continue. While NZDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
17.360777 17.360777 17.360777 17.360777 0.000000
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 19.262839

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 19.806632

short term down The short-term trend has been DOWN since Jan 27th, 2020 at 19.756791

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).

-90
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.360777 17.360777 17.360777 17.360777 0.000000
Prev. Close Volume Bid Ask Time
17.918454 16.830098 17.891455 2020-03-25 22:09:32
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