Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Bull Market Weakness (+75) - TWDAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDAUD as it may be in the beginning stages of a reversal.

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
0.04813048 0.04817051 0.04781855 0.04788468 -0.00024600
Entry Signal

MarketClub’s Trade Triangles for TWDAUD

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 0.04727872

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 0.04814984

short term up The short-term trend has been UP since Apr 10th, 2024 at 0.04745367

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04813048 0.04817051 0.04781855 0.04788468 -0.00024600
Prev. Close Volume Bid Ask Time
0.04813048 2024-04-19 12:52:26
Get a free daily analysis and signals for New Taiwan Dollar/Australian Dollar (TWDAUD) - Request Your Free Report.