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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

New Taiwan Dollar/Thai Baht (FOREX:TWDTHB)

Weak Uptrend (+65) - TWDTHB is showing signs of weakening momentum to the upside. Monitor TWDTHB as it may be in the beginning stages of a reversal.

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
1.1403939 1.1403939 1.1340897 1.1374109 -0.0029830
Entry Signal

MarketClub’s Trade Triangles for TWDTHB

long term up The long-term trend has been UP since Oct 2nd, 2023 at 1.1429226

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1.1264565

short term up The short-term trend has been UP since Apr 24th, 2024 at 1.1379844

Smart Scan Analysis for TWDTHB

Based on our trend formula, TWDTHB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for TWDTHB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1403939 1.1403939 1.1340897 1.1374109 -0.0029830
Prev. Close Volume Bid Ask Time
1.1403939 2024-04-25 16:49:49
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