Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Countertrend Down (-85) - TWDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 19th, 2024 at 0.02485530
The intermediate-term trend has been DOWN since Feb 22nd, 2024 at 0.02505250
The short-term trend has been UP since Mar 28th, 2024 at 0.02478255
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.02476135 | 0.02480007 | 0.02473873 | 0.02476252 | +0.00000100 |
Prev. Close | Volume | Bid | Ask | Time |
0.02476135 | 2024-03-28 08:02:03 |