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Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Sidelines Mode (+55) - TWDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 6th, 2024 at 0.02412772
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02421784 | 0.02425287 | 0.02412224 | 0.02421625 | -0.00000200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02421784 | 2024-12-06 17:05:29 |