Forex Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)
Bull Market Weakness (+75) - TWDNZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDNZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDNZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDNZD
The long-term trend has been UP since Jun 3rd, 2021 at 0.05056581
The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 0.05090521
The short-term trend has been UP since Sep 16th, 2021 at 0.05103363
Smart Scan Analysis for TWDNZD
Based on our trend formula, TWDNZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).