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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

New Taiwan Dollar/US Dollar (FOREX:TWDUSD)

Bear Market Rally (-75) - TWDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_TWDUSD
Open High Low TWDUSD Price Change
0.03305677 0.03306770 0.03297772 0.03306386 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for TWDUSD

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 0.03271984

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2020 at 0.03278098

short term up The short-term trend has been UP since Mar 20th, 2020 at 0.03329449

Smart Scan Analysis for TWDUSD

Based on our trend formula, TWDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03305677 0.03306770 0.03297772 0.03306386 +0.00000700
Prev. Close Volume Bid Ask Time
0.03305677 0.03305894 0.03306878 2020-03-30 05:40:41
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