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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

New Taiwan Dollar/Euro (FOREX:TWDEUR)

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

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

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

FOREX_TWDEUR
Open High Low TWDEUR Price Change
0.03075041 0.03082879 0.03070520 0.03074403 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for TWDEUR

long term up The long-term trend has been UP since Aug 30th, 2019 at 0.02909800

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 0.03017751

short term up The short-term trend has been UP since Feb 4th, 2020 at 0.03003031

Smart Scan Analysis for TWDEUR

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

+90
Smart Scan Analysis for TWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03075041 0.03082879 0.03070520 0.03074403 -0.00000600
Prev. Close Volume Bid Ask Time
0.03075041 0.03074301 0.03074506 2020-02-17 20:21:23
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