Forex Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Bull Market Weakness (+75) - TWDHKD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDHKD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDHKD
The long-term trend has been DOWN since Mar 25th, 2021 at 0.27086327
The intermediate-term trend has been UP since Apr 19th, 2021 at 0.27515493
The short-term trend has been UP since Apr 14th, 2021 at 0.27453279
Smart Scan Analysis for TWDHKD
Based on our trend formula, TWDHKD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).