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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

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
0.05062157 0.05062157 0.05062157 0.05062157 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term up The long-term trend has been UP since Jun 3rd, 2021 at 0.05056581

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.05083272

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.05174641

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
0.05062157 0.05062157 0.05062157 0.05062157 0.00000000
Prev. Close Volume Bid Ask Time
0.05062157 2021-10-17 12:27:06
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