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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
New Taiwan Dollar/New Zealand Dollar (FOREX:TWDNZD)
Sidelines Mode (+55) - TWDNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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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 Feb 2nd, 2025 at 0.05455639
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.05361368
Smart Scan Analysis for TWDNZD
Based on our trend formula, TWDNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05416127 | 0.05431182 | 0.05369703 | 0.05373445 | -0.00042700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05416127 | 2025-02-04 23:55:54 |