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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Countertrend Up (+85) - TWDGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 15th, 2024 at 0.02438930
The intermediate-term trend has been UP since Dec 25th, 2024 at 0.02453858
The short-term trend has been DOWN since Dec 25th, 2024 at 0.02428784
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02435000 | 0.02439099 | 0.02433316 | 0.02436908 | +0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02435000 | 2024-12-26 05:58:29 |