Forex Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
New Zealand Dollar/New Taiwan Dollar (FOREX:NZDTWD)
Bull Market Weakness (+75) - NZDTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NZDTWD as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for NZDTWD
The long-term trend has been UP since Nov 18th, 2020 at 19.702572
The intermediate-term trend has been UP since Apr 15th, 2021 at 20.071307
The short-term trend has been UP since Apr 15th, 2021 at 20.017067
Smart Scan Analysis for NZDTWD
Based on our trend formula, NZDTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).