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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Sidelines Mode (-50) - TWDAUD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TWDAUD can gain momentum.

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
0.05023881 0.05023881 0.05023881 0.05023881 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term up The long-term trend has been UP since Jun 15th, 2021 at 0.04710531

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.04977940

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 0.05021431

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05023881 0.05023881 0.05023881 0.05023881 0.00000000
Prev. Close Volume Bid Ask Time
0.05023881 2022-01-23 10:48:48
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