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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

New Taiwan Dollar/Pakistani Rupee (FOREX:TWDPKR)

Strong Downtrend (-100) - TWDPKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDPKR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_TWDPKR
Open High Low TWDPKR Price Change
8.600121 8.604443 8.600121 8.604443 +0.004322
Entry Signal

MarketClub’s Trade Triangles for TWDPKR

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 8.836210

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2024 at 8.587883

short term down The short-term trend has been DOWN since May 31st, 2024 at 8.627314

Smart Scan Analysis for TWDPKR

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

-100
Smart Scan Analysis for TWDPKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.600121 8.604443 8.600121 8.604443 +0.004322
Prev. Close Volume Bid Ask Time
8.600121 2024-06-20 16:15:07
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