Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

New Taiwan Dollar/South African Rand (FOREX:TWDZAR)

Crossroads (+60) - TWDZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_TWDZAR
Open High Low TWDZAR Price Change
0.53860484 0.54562813 0.52903201 0.54042993 +0.00182500
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term down The long-term trend has been DOWN since Nov 4th, 2020 at 0.55386321

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2021 at 0.54367188

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.53429078

Smart Scan Analysis for TWDZAR

Based on our trend formula, TWDZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TWDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53860484 0.54562813 0.52903201 0.54042993 +0.00182500
Prev. Close Volume Bid Ask Time
0.53860484 2021-02-26 17:11:51
Get a free daily analysis and signals for New Taiwan Dollar/South African Rand (TWDZAR) - Request Your Free Report.