Free Daily Analysis

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.

FOREX_TWDJPY
Open High Low TWDJPY Price Change
4.3638221 4.3797609 4.3580748 4.3680766 +0.0042550
Entry Signal

MarketClub’s Trade Triangles for TWDJPY

long term up The long-term trend has been UP since Mar 10th, 2023 at 4.5145501

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2023 at 4.3726698

short term up 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).

+65
Smart Scan Analysis for TWDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3638221 4.3797609 4.3580748 4.3680766 +0.0042550
Prev. Close Volume Bid Ask Time
4.3638221 2023-03-31 05:47:54
Get a free daily analysis and signals for New Taiwan Dollar/Japanese Yen (TWDJPY) - Request Your Free Report.