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.
MarketClub’s Trade Triangles for JPYTWD
The long-term trend has been DOWN since Mar 25th, 2020 at 0.27226580
The intermediate-term trend has been UP since May 12th, 2022 at 0.23130249
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).