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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

British Pound/New Taiwan Dollar (FOREX:GBPTWD)

Bull Market Weakness (+75) - GBPTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPTWD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPTWD
Open High Low GBPTWD Price Change
38.171838 38.199201 37.896979 38.132884 -0.038954
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 36.632838

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2020 at 37.783413

short term up The short-term trend has been UP since Nov 3rd, 2020 at 37.116180

Smart Scan Analysis for GBPTWD

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

+70
Smart Scan Analysis for GBPTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.171838 38.199201 37.896979 38.132884 -0.038954
Prev. Close Volume Bid Ask Time
38.171838 2020-11-26 23:57:44
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