Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Weak Uptrend (+65) - TWDHKD is showing signs of weakening momentum to the upside. Monitor TWDHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDHKD
The long-term trend has been UP since May 7th, 2021 at 0.28032448
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.27939299
The short-term trend has been UP since Oct 14th, 2021 at 0.27803349
Smart Scan Analysis for TWDHKD
Based on our trend formula, TWDHKD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).