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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Crossroads (-60) - TWDAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_TWDAUD
Open High Low TWDAUD Price Change
0.04829276 0.04862357 0.04821862 0.04829546 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.04786135

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2023 at 0.04889528

short term up The short-term trend has been UP since Nov 28th, 2023 at 0.04820843

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04829276 0.04862357 0.04821862 0.04829546 +0.00000300
Prev. Close Volume Bid Ask Time
0.04829276 2023-11-29 04:03:41
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