Forex Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
New Taiwan Dollar/British Pound (FOREX:TWDGBP)
Crossroads (+60) - TWDGBP 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 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.
MarketClub’s Trade Triangles for TWDGBP
The long-term trend has been DOWN since Jun 14th, 2023 at 0.02572540
The intermediate-term trend has been UP since Aug 25th, 2023 at 0.02503184
The short-term trend has been UP since Sep 22nd, 2023 at 0.02539545
Smart Scan Analysis for TWDGBP
Based on our trend formula, TWDGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).