Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)
Countertrend Up (+85) - TWDNZD 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 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 Oct 25th, 2024 at 0.05214877
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.05107514
The short-term trend has been DOWN since Dec 25th, 2024 at 0.05396948
Smart Scan Analysis for TWDNZD
Based on our trend formula, TWDNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05404819 | 0.05420333 | 0.05399564 | 0.05417503 | +0.00012700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05404819 | 2024-12-26 07:29:38 |