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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

New Taiwan Dollar/Pakistani Rupee (FOREX:TWDPKR)

Long-Term Downtrend (-90) - TWDPKR is in a strong downtrend that is likely to continue. While TWDPKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TWDPKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDPKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDPKR
Open High Low TWDPKR Price Change
8.604975 8.604975 8.604975 8.604975 0.000000
Entry Signal

MarketClub’s Trade Triangles for TWDPKR

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 8.836210

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2024 at 8.587883

short term down The short-term trend has been DOWN since May 31st, 2024 at 8.627314

Smart Scan Analysis for TWDPKR

Based on our trend formula, TWDPKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TWDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.604975 8.604975 8.604975 8.604975 0.000000
Prev. Close Volume Bid Ask Time
8.604975 2024-06-21 13:39:30
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