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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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

Sidelines Mode (-55) - NZDTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
19.090114 19.096159 18.956507 18.967894 -0.122220
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term down The long-term trend has been DOWN since Jun 2nd, 2022 at 18.571560

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2022 at 18.787863

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 19.139506

Smart Scan Analysis for NZDTWD

Based on our trend formula, NZDTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.090114 19.096159 18.956507 18.967894 -0.122220
Prev. Close Volume Bid Ask Time
19.090114 2022-08-16 07:08:49
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