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Forex Trend Analysis Report

Prepared for you on Saturday, June 19, 2021.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Long-Term Uptrend (+90) - TWDAUD is in a strong uptrend that is likely to continue. While TWDAUD 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 TWDAUD?

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

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

FOREX_TWDAUD
Open High Low TWDAUD Price Change
0.04794588 0.04794588 0.04794588 0.04794588 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term up The long-term trend has been UP since Jun 15th, 2021 at 0.04710531

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 0.04640786

short term up The short-term trend has been UP since Jun 11th, 2021 at 0.04675473

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04794588 0.04794588 0.04794588 0.04794588 0.00000000
Prev. Close Volume Bid Ask Time
0.04794588 2021-06-19 01:57:04
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