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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)
Long-Term Uptrend (+90) - JPYTWD is in a strong uptrend that is likely to continue. While JPYTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid JPYTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYTWD.
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 JPYTWD
The long-term trend has been UP since Jul 24th, 2024 at 0.21262187
The intermediate-term trend has been UP since Jul 12th, 2024 at 0.20581109
The short-term trend has been UP since Jul 12th, 2024 at 0.20577522
Smart Scan Analysis for JPYTWD
Based on our trend formula, JPYTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21329125 | 0.21400397 | 0.21202974 | 0.21341420 | +0.00012300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21329125 | 2024-07-26 17:00:04 |