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Forex Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

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

Long-Term Uptrend (+90) - NZDTWD is in a strong uptrend that is likely to continue. While NZDTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
19.291035 19.443752 19.286329 19.323152 +0.032117
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 up The intermediate-term trend has been UP since Sep 14th, 2023 at 19.145974

short term up The short-term trend has been UP since Sep 28th, 2023 at 19.238361

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
19.291035 19.443752 19.286329 19.323152 +0.032117
Prev. Close Volume Bid Ask Time
19.291035 2023-09-29 10:47:22
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