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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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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 DOWN since Feb 4th, 2025 at 0.02430878
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.02439623
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02437210 | 0.02440498 | 0.02427751 | 0.02434036 | -0.00003200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02437210 | 2025-02-05 11:00:20 |