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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.

FOREX_TWDHKD
Open High Low TWDHKD Price Change
0.27659103 0.27690436 0.27524847 0.27560277 -0.00098800
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term down The long-term trend has been DOWN since Mar 25th, 2021 at 0.27086327

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 0.27515493

short term up 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).

+70
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27659103 0.27690436 0.27524847 0.27560277 -0.00098800
Prev. Close Volume Bid Ask Time
0.27659103 2021-04-20 18:05:22
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