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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

New Taiwan Dollar/Japanese Yen (FOREX:TWDJPY)

Weak Uptrend (+65) - TWDJPY is showing signs of weakening momentum to the upside. Monitor TWDJPY as it may be in the beginning stages of a reversal.

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
4.1410381 4.1520906 4.1276735 4.1401826 -0.0008560
Entry Signal

MarketClub’s Trade Triangles for TWDJPY

long term up The long-term trend has been UP since Oct 5th, 2020 at 3.6765361

intermediate term up The intermediate-term trend has been UP since Dec 22nd, 2021 at 4.1153712

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 4.1378809

Smart Scan Analysis for TWDJPY

Based on our trend formula, TWDJPY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TWDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1410381 4.1520906 4.1276735 4.1401826 -0.0008560
Prev. Close Volume Bid Ask Time
4.1410381 2022-01-19 23:55:31
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