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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)
Strong Downtrend (-100) - TWDHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDHKD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TWDHKD
The long-term trend has been DOWN since Nov 12th, 2024 at 0.23728109
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.24058904
The short-term trend has been DOWN since Dec 8th, 2024 at 0.23941250
Smart Scan Analysis for TWDHKD
Based on our trend formula, TWDHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.23718639 | 0.23740271 | 0.23706790 | 0.23719575 | +0.00000900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.23718639 | 2024-12-26 07:01:37 |