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Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Sidelines Mode (+50) - TWDHKD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TWDHKD can gain momentum.
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.
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MarketClub’s Trade Triangles for TWDHKD
The long-term trend has been DOWN since Jan 4th, 2022 at 0.27603428
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.26367184
The short-term trend has been UP since Aug 10th, 2022 at 0.26210596
Smart Scan Analysis for TWDHKD
Based on our trend formula, TWDHKD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26127413 | 0.26147615 | 0.26103502 | 0.26125408 | -0.00002000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26127413 | 2022-08-15 02:52:44 |