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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)
Bull Market Weakness (+75) - TWDJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for TWDJPY
The long-term trend has been DOWN since Jul 24th, 2024 at 4.7041688
The intermediate-term trend has been UP since Sep 26th, 2024 at 4.5990936
The short-term trend has been UP since Nov 20th, 2024 at 4.7873241
Smart Scan Analysis for TWDJPY
Based on our trend formula, TWDJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7776578 | 4.7912013 | 4.7755782 | 4.7889850 | +0.0113270 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7776578 | 2024-11-20 03:29:23 |