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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

FOREX_TWDNZD
Open High Low TWDNZD Price Change
0.05220823 0.05240688 0.05217180 0.05238666 +0.00017800
Entry Signal

MarketClub’s Trade Triangles for TWDNZD

long term down The long-term trend has been DOWN since May 8th, 2023 at 0.05146838

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.05220008

short term up The short-term trend has been UP since Mar 27th, 2024 at 0.05215550

Smart Scan Analysis for TWDNZD

Based on our trend formula, TWDNZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TWDNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05220823 0.05240688 0.05217180 0.05238666 +0.00017800
Prev. Close Volume Bid Ask Time
0.05220823 2024-03-28 08:01:30
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