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Forex Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

British Pound/New Taiwan Dollar (FOREX:GBPTWD)

Strong Downtrend (-100) - GBPTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPTWD continues to fall. Traders should use caution and set stops.

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
36.098611 36.192845 36.076809 36.085083 -0.013528
Entry Signal

MarketClub’s Trade Triangles for GBPTWD

long term down The long-term trend has been DOWN since Mar 9th, 2022 at 36.255620

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2022 at 36.215916

short term down The short-term trend has been DOWN since Jun 27th, 2022 at 36.284247

Smart Scan Analysis for GBPTWD

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

-100
Smart Scan Analysis for GBPTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.098611 36.192845 36.076809 36.085083 -0.013528
Prev. Close Volume Bid Ask Time
36.098611 2022-06-30 03:03:00
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