Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)

Bear Market Rally (-75) - TWDHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDHKD as it may be in the beginning 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.

Open	High	Low	TWDHKD Price	Change
0.23796006	0.23817215	0.23775103	0.23802170	+0.00006200
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

The long-term trend has been DOWN since Mar 19th, 2024 at 0.24623449

The intermediate-term trend has been DOWN since May 16th, 2024 at 0.23944589

The short-term trend has been UP since Jul 24th, 2024 at 0.23857167

Smart Scan Analysis for TWDHKD

Based on our trend formula, TWDHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.23796006	0.23817215	0.23775103	0.23802170	+0.00006200
Prev. Close	Volume	Bid	Ask	Time
0.23796006				2024-07-26 17:04:33

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