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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)
Strong Uptrend (+100) - TWDAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for TWDAUD
The long-term trend has been UP since Aug 5th, 2024 at 0.04740719
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.04641140
The short-term trend has been UP since Dec 11th, 2024 at 0.04830090
Smart Scan Analysis for TWDAUD
Based on our trend formula, TWDAUD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04902203 | 0.04912379 | 0.04902203 | 0.04912379 | +0.00010200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04902203 | 2024-12-21 07:05:45 |