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Forex Trend Analysis Report

Prepared for you on Monday, September 20, 2021.

Australian Dollar/New Taiwan Dollar (FOREX:AUDTWD)

Bear Market Rally (-75) - AUDTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDTWD as it may be in the beginning of a reversal.

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

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

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

FOREX_AUDTWD
Open High Low AUDTWD Price Change
20.295148 20.295148 20.221017 20.221017 -0.074131
Entry Signal

MarketClub’s Trade Triangles for AUDTWD

long term down The long-term trend has been DOWN since May 31st, 2021 at 21.276673

intermediate term up The intermediate-term trend has been UP since Sep 3rd, 2021 at 20.446089

short term down The short-term trend has been DOWN since Sep 13th, 2021 at 20.377468

Smart Scan Analysis for AUDTWD

Based on our trend formula, AUDTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.295148 20.295148 20.221017 20.221017 -0.074131
Prev. Close Volume Bid Ask Time
20.235298 2021-09-16 21:09:00
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