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.
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).