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Forex Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)
Long-Term Uptrend (+90) - TWDAUD is in a strong uptrend that is likely to continue. While TWDAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Mar 7th, 2023 at 0.04920086
The intermediate-term trend has been UP since Feb 3rd, 2023 at 0.04798839
The short-term trend has been UP since Mar 21st, 2023 at 0.04917010
Smart Scan Analysis for TWDAUD
Based on our trend formula, TWDAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04898792 | 0.04901726 | 0.04892865 | 0.04894480 | -0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04898792 | 2023-03-23 01:18:56 |