Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
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.
MarketClub’s Trade Triangles for TWDPKR
The long-term trend has been DOWN since Oct 4th, 2023 at 8.836210
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 8.668555
The short-term trend has been DOWN since Nov 24th, 2023 at 9.042984
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).