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.

Open	High	Low	TWDGBP Price	Change
0.02532349	0.02543776	0.02530031	0.02540837	+0.00008500
Entry Signal

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).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.02532349	0.02543776	0.02530031	0.02540837	+0.00008500
Prev. Close	Volume	Bid	Ask	Time
0.02532349				2023-09-22 17:07:46

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