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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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

Sidelines Mode (-55) - TWDNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.04894221 0.04951308 0.04877112 0.04943236 +0.00049000
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long-term trend has been DOWN since Nov 23rd, 2020 at 0.05018091

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2020 at 0.04925164

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.04912596

Smart Scan Analysis for TWDNZD

Based on our trend formula, TWDNZD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04894221 0.04951308 0.04877112 0.04943236 +0.00049000
Prev. Close Volume Bid Ask Time
0.04894221 2021-02-26 11:49:43
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