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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

Weak Downtrend (-65) - USDTWD is showing signs of a strengthening downtrend. Monitor USDTWD as it may be building momentum to the downside.

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

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

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

FOREX_USDTWD
Open High Low USDTWD Price Change
32.7900 32.8008 32.4850 32.5665 -0.2235
Entry Signal

MarketClub’s Trade Triangles for USDTWD

long term up The long-term trend has been UP since Dec 2nd, 2024 at 32.6785

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2025 at 32.6625

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 32.9520

Smart Scan Analysis for USDTWD

Based on our trend formula, USDTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.7900 32.8008 32.4850 32.5665 -0.2235
Prev. Close Volume Bid Ask Time
32.7900 2025-01-20 09:40:58
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