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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

New Taiwan Dollar/Hong Kong Dollar (FOREX:TWDHKD)

Sidelines Mode (-50) - TWDHKD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TWDHKD can gain momentum.

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
0.28105874 0.28122555 0.28068902 0.28082901 -0.00023000
Entry Signal

MarketClub’s Trade Triangles for TWDHKD

long term up The long-term trend has been UP since May 7th, 2021 at 0.28032448

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 0.27889396

short term down The short-term trend has been DOWN since Dec 1st, 2021 at 0.27889396

Smart Scan Analysis for TWDHKD

Based on our trend formula, TWDHKD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for TWDHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28105874 0.28122555 0.28068902 0.28082901 -0.00023000
Prev. Close Volume Bid Ask Time
0.28105874 2021-12-02 04:11:52
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