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Forex Trend Analysis Report
Prepared for you on Thursday, November 14, 2024.
New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)
Crossroads (+60) - TWDJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TWDJPY
The long-term trend has been DOWN since Jul 24th, 2024 at 4.7041688
The intermediate-term trend has been UP since Sep 26th, 2024 at 4.5990936
The short-term trend has been UP since Nov 12th, 2024 at 4.7692079
Smart Scan Analysis for TWDJPY
Based on our trend formula, TWDJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7889623 | 4.8059843 | 4.7779382 | 4.7992616 | +0.0102990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7889623 | 2024-11-14 20:08:19 |