Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

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

Sidelines Mode (-55) - TWDZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.57224243 0.57224243 0.57224243 0.57224243 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 0.58434486

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.59528605

short term up The short-term trend has been UP since May 22nd, 2024 at 0.56722958

Smart Scan Analysis for TWDZAR

Based on our trend formula, TWDZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TWDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57224243 0.57224243 0.57224243 0.57224243 0.00000000
Prev. Close Volume Bid Ask Time
0.57224243 2024-05-25 06:03:52
Get a free daily analysis and signals for New Taiwan Dollar/South African Rand (TWDZAR) - Request Your Free Report.