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.

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

MarketClub’s Trade Triangles for TWDAUD

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

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

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

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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