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Forex Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Japanese Yen/New Taiwan Dollar (FOREX:JPYTWD)

Crossroads (+60) - JPYTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_JPYTWD
Open High Low JPYTWD Price Change
0.23231044 0.23314724 0.23108432 0.23239852 +0.00008800
Entry Signal

MarketClub’s Trade Triangles for JPYTWD

long term down The long-term trend has been DOWN since Mar 25th, 2020 at 0.27226580

intermediate term up The intermediate-term trend has been UP since May 12th, 2022 at 0.23130249

short term up The short-term trend has been UP since May 18th, 2022 at 0.23165488

Smart Scan Analysis for JPYTWD

Based on our trend formula, JPYTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23231044 0.23314724 0.23108432 0.23239852 +0.00008800
Prev. Close Volume Bid Ask Time
0.23231044 2022-05-20 17:04:54
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