Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
New Taiwan Dollar/South African Rand (FOREX:TWDZAR)
Weak Uptrend (+65) - TWDZAR is showing signs of weakening momentum to the upside. Monitor TWDZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDZAR
The long-term trend has been UP since Jul 13th, 2021 at 0.52060530
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.52477796
The short-term trend has been UP since Oct 22nd, 2021 at 0.52669120
Smart Scan Analysis for TWDZAR
Based on our trend formula, TWDZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).