Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)
Weak Uptrend (+65) - TWDJPY is showing signs of weakening momentum to the upside. Monitor TWDJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDJPY
The long-term trend has been UP since Mar 10th, 2023 at 4.5145501
The intermediate-term trend has been DOWN since Mar 12th, 2023 at 4.3726698
The short-term trend has been UP since Mar 27th, 2023 at 4.3424801
Smart Scan Analysis for TWDJPY
Based on our trend formula, TWDJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).