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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Weak Downtrend (-65) - TWDAUD is showing signs of a strengthening downtrend. Monitor TWDAUD as it may be building momentum to the downside.

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
0.04713899 0.04724516 0.04708882 0.04719714 +0.00005800
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 0.04727872

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.04814984

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 0.04781111

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04713899 0.04724516 0.04708882 0.04719714 +0.00005800
Prev. Close Volume Bid Ask Time
0.04713899 2024-04-24 23:50:26
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