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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Strong Downtrend (-100) - TWDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDGBP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDGBP.
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 TWDGBP
The long-term trend has been DOWN since Jan 19th, 2024 at 0.02485530
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.02456121
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.02466555
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02454672 | 0.02456046 | 0.02454519 | 0.02455451 | +0.00000800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02454672 | 2024-04-26 00:52:45 |