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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
British Pound/New Taiwan Dollar (FOREX:GBPTWD)
Strong Uptrend (+100) - GBPTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Jan 19th, 2024 at 40.233692
The intermediate-term trend has been UP since Apr 24th, 2024 at 40.715093
The short-term trend has been UP since Apr 23rd, 2024 at 40.542377
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.616884 | 40.824995 | 40.614368 | 40.814313 | +0.197429 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.616884 | 2024-04-25 05:03:42 |