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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)
Bear Market Rally (-75) - TWDNZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDNZD as it may be in the beginning of a reversal.
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.
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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 Mar 27th, 2024 at 0.05220008
The short-term trend has been DOWN since Apr 21st, 2024 at 0.05199361
Smart Scan Analysis for TWDNZD
Based on our trend formula, TWDNZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05166755 | 0.05167149 | 0.05154256 | 0.05154461 | -0.00012300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05166755 | 2024-04-25 03:40:17 |