Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)

Crossroads (+60) - TWDNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TWDNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDNZD
Open High Low TWDNZD Price Change
0.05208984 0.05208984 0.05208984 0.05208984 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long-term trend has been DOWN since May 8th, 2023 at 0.05146838

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.05220008

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.05187840

Smart Scan Analysis for TWDNZD

Based on our trend formula, TWDNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05208984 0.05208984 0.05208984 0.05208984 0.00000000
Prev. Close Volume Bid Ask Time
0.05208984 2024-04-13 12:32:50
Get a free daily analysis and signals for New Taiwan Dollar/New Zealand Dollar (TWDNZD) - Request Your Free Report.