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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.

FOREX_TWDHKD
Open High Low TWDHKD Price Change
0.27964776 0.27969988 0.27848058 0.27858231 -0.00106500
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term up The long-term trend has been UP since May 7th, 2021 at 0.28032448

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.27939299

short term up 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).

+65
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27964776 0.27969988 0.27848058 0.27858231 -0.00106500
Prev. Close Volume Bid Ask Time
0.27964776 2021-10-21 19:53:25
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