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.
MarketClub’s Trade Triangles for AUDTWD
The long-term trend has been DOWN since May 31st, 2021 at 21.276673
The intermediate-term trend has been UP since Sep 3rd, 2021 at 20.446089
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).