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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)

Bear Market Rally (-75) - NZDTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NZDTWD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NZDTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDTWD
Open High Low NZDTWD Price Change
18.750148 18.789670 18.727994 18.774800 +0.024652
Entry Signal

MarketClub’s Trade Triangles for NZDTWD

long term down The long-term trend has been DOWN since Nov 24th, 2021 at 19.116416

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2022 at 18.644471

short term up The short-term trend has been UP since Jan 19th, 2022 at 18.787753

Smart Scan Analysis for NZDTWD

Based on our trend formula, NZDTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NZDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.750148 18.789670 18.727994 18.774800 +0.024652
Prev. Close Volume Bid Ask Time
18.750148 2022-01-19 09:21:16
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