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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

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
19.287906 19.320127 19.238943 19.288672 +0.000766
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 Mar 27th, 2024 at 19.156171

short term up The short-term trend has been UP since Apr 21st, 2024 at 19.253024

Smart Scan Analysis for NZDTWD

Based on our trend formula, NZDTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.287906 19.320127 19.238943 19.288672 +0.000766
Prev. Close Volume Bid Ask Time
19.287906 2024-04-22 13:01:50
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