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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)

Weak Downtrend (-65) - TWDJPY is showing signs of a strengthening downtrend. Monitor TWDJPY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TWDJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDJPY
Open High Low TWDJPY Price Change
4.7075247 4.7267883 4.6575216 4.6618726 -0.0456520
Entry Signal

MarketClub’s Trade Triangles for TWDJPY

long term up The long-term trend has been UP since Dec 19th, 2024 at 4.8167339

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 4.7403825

short term down The short-term trend has been DOWN since Jan 26th, 2025 at 4.7477099

Smart Scan Analysis for TWDJPY

Based on our trend formula, TWDJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TWDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7075247 4.7267883 4.6575216 4.6618726 -0.0456520
Prev. Close Volume Bid Ask Time
4.7075247 2025-02-04 23:05:11
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