Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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.

Open	High	Low	TWDNZD Price	Change
0.05177748	0.05179840	0.05164012	0.05175963	-0.00001800
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

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

The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.05081863

The short-term trend has been UP since Jul 10th, 2024 at 0.05048897

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.05177748	0.05179840	0.05164012	0.05175963	-0.00001800
Prev. Close	Volume	Bid	Ask	Time
0.05177748				2024-07-26 21:06:08

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