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.
MarketClub’s Trade Triangles for TWDUSD
The long-term trend has been DOWN since Mar 18th, 2020 at 0.03271984
The intermediate-term trend has been DOWN since Mar 18th, 2020 at 0.03278098
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).