Forex Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

New Taiwan Dollar/British Pound (FOREX:TWDGBP)

Long-Term Uptrend (+90) - TWDGBP is in a strong uptrend that is likely to continue. While TWDGBP 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 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.

Open	High	Low	TWDGBP Price	Change
0.02617539	0.02627962	0.02614899	0.02621005	+0.00003500
Entry Signal

MarketClub’s Trade Triangles for TWDGBP

The long-term trend has been UP since May 29th, 2023 at 0.02651839

The intermediate-term trend has been UP since May 19th, 2023 at 0.02628999

The short-term trend has been UP since Jun 5th, 2023 at 0.02622809

Smart Scan Analysis for TWDGBP

Based on our trend formula, TWDGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02617539	0.02627962	0.02614899	0.02621005	+0.00003500
Prev. Close	Volume	Bid	Ask	Time
0.02617539				2023-06-06 22:27:52

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