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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.

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

MarketClub’s Trade Triangles for TWDGBP

long term down The long-term trend has been DOWN since Jun 14th, 2023 at 0.02572540

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2023 at 0.02503184

short term up 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
Smart Scan Analysis for TWDGBP
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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