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Forex Trend Analysis Report

Prepared for you on Saturday, February 15, 2025.

New Taiwan Dollar/Malaysian Ringt (FOREX:TWDMYR)

Countertrend Up (+85) - TWDMYR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_TWDMYR
Open High Low TWDMYR Price Change
0.13558510 0.13562769 0.13542632 0.13550728 -0.00007800
Entry Signal

MarketClub’s Trade Triangles for TWDMYR

long term up The long-term trend has been UP since Nov 4th, 2024 at 0.13966455

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2025 at 0.13782871

short term down The short-term trend has been DOWN since Feb 13th, 2025 at 0.13573703

Smart Scan Analysis for TWDMYR

Based on our trend formula, TWDMYR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TWDMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13558510 0.13562769 0.13542632 0.13550728 -0.00007800
Prev. Close Volume Bid Ask Time
0.13558510 2025-02-14 03:54:17
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