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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Bull Market Weakness (+75) - TWDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDGBP.
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 TWDGBP
The long-term trend has been UP since Nov 15th, 2024 at 0.02438930
The intermediate-term trend has been UP since Sep 27th, 2024 at 0.02400398
The short-term trend has been DOWN since Nov 20th, 2024 at 0.02426022
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02428426 | 0.02428944 | 0.02421584 | 0.02423463 | -0.00005000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02428426 | 2024-11-20 03:25:06 |