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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

Long-Term Downtrend (-90) - USDTWD is in a strong downtrend that is likely to continue. While USDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
30.1905 30.2655 29.7945 30.1823 -0.0082
Entry Signal

MarketClub’s Trade Triangles for USDTWD

long term down The long-term trend has been DOWN since Apr 11th, 2025 at 32.44725

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2025 at 32.86530

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 32.37400

Smart Scan Analysis for USDTWD

Based on our trend formula, USDTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.1905 30.2655 29.7945 30.1823 -0.0082
Prev. Close Volume Bid Ask Time
30.1905 2025-05-09 07:09:43
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