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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)
Bull Market Weakness (+75) - TWDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TWDAUD
The long-term trend has been DOWN since Apr 4th, 2024 at 0.04727872
The intermediate-term trend has been UP since Jul 24th, 2024 at 0.04631793
The short-term trend has been UP since Jul 16th, 2024 at 0.04549349
Smart Scan Analysis for TWDAUD
Based on our trend formula, TWDAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04653365 | 0.04669319 | 0.04642851 | 0.04657172 | +0.00003800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04653365 | 2024-07-26 20:56:15 |