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.
MarketClub’s Trade Triangles for TWDNZD
The long-term trend has been UP since Feb 10th, 2020 at 0.05220697
The intermediate-term trend has been DOWN since Apr 13th, 2020 at 0.05455399
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).