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Forex Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Long-Term Uptrend (+90) - TWDTHB is in a strong uptrend that is likely to continue. While TWDTHB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_TWDTHB
Open High Low TWDTHB Price Change
1.1390550 1.1427791 1.1379692 1.1379692 -0.0010860
Entry Signal

MarketClub’s Trade Triangles for TWDTHB

long term up The long-term trend has been UP since Oct 17th, 2019 at 0.9978750

intermediate term up The intermediate-term trend has been UP since Jun 21st, 2021 at 1.1364625

short term up The short-term trend has been UP since Jun 18th, 2021 at 1.1301746

Smart Scan Analysis for TWDTHB

Based on our trend formula, TWDTHB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1390550 1.1427791 1.1379692 1.1379692 -0.0010860
Prev. Close Volume Bid Ask Time
1.1390550 2021-06-23 07:21:46
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