Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
British Pound/New Taiwan Dollar (FOREX:GBPTWD)
Weak Downtrend (-65) - GBPTWD is showing signs of a strengthening downtrend. Monitor GBPTWD as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPTWD
The long-term trend has been DOWN since Nov 15th, 2024 at 41.001593
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 40.752796
The short-term trend has been UP since Jan 21st, 2025 at 40.376700
Smart Scan Analysis for GBPTWD
Based on our trend formula, GBPTWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
40.415063 | 40.913747 | 40.410089 | 40.882603 | +0.467540 |
Prev. Close | Volume | Bid | Ask | Time |
40.415063 | 2025-01-24 17:05:43 |