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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

New Taiwan Dollar/Australian Dollar (FOREX:TWDAUD)

Crossroads (-60) - TWDAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.04811286 0.04813902 0.04807302 0.04812917 +0.00001600
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 down The intermediate-term trend has been DOWN since Oct 7th, 2021 at 0.04897804

short term down The short-term trend has been DOWN since Oct 3rd, 2021 at 0.04943101

Smart Scan Analysis for TWDAUD

Based on our trend formula, TWDAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TWDAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04811286 0.04813902 0.04807302 0.04812917 +0.00001600
Prev. Close Volume Bid Ask Time
0.04811286 2021-10-17 17:50:42
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