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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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

Weak Downtrend (-65) - TWDNZD is showing signs of a strengthening downtrend. Monitor TWDNZD as it may be building momentum to the downside.

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
0.05380267 0.05380267 0.05380267 0.05380267 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term up The long-term trend has been UP since Feb 10th, 2020 at 0.05220697

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2020 at 0.05455399

short term down The short-term trend has been DOWN since May 18th, 2020 at 0.05559015

Smart Scan Analysis for TWDNZD

Based on our trend formula, TWDNZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05380267 0.05380267 0.05380267 0.05380267 0.00000000
Prev. Close Volume Bid Ask Time
0.05380267 0.05378078 0.05382456 2020-05-30 19:01:59
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