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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)
Bull Market Weakness (+75) - TWDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDAUD as it may be in the beginning stages of a reversal.
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 Aug 5th, 2024 at 0.04740719
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.04641140
The short-term trend has been DOWN since Dec 23rd, 2024 at 0.04885874
Smart Scan Analysis for TWDAUD
Based on our trend formula, TWDAUD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04894045 | 0.04911171 | 0.04888540 | 0.04898381 | +0.00004300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04894045 | 2024-12-26 17:19:46 |