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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2024.

New Taiwan Dollar/US Dollar (FOREX:TWDUSD)

Bull Market Weakness (+75) - TWDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDUSD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_TWDUSD
Open High Low TWDUSD Price Change
0.03129597 0.03141069 0.03129597 0.03141069 +0.00011500
Entry Signal

MarketClub’s Trade Triangles for TWDUSD

long term up The long-term trend has been UP since Aug 18th, 2024 at 0.03127394

intermediate term down The intermediate-term trend has been DOWN since Sep 10th, 2024 at 0.03105089

short term up The short-term trend has been UP since Sep 12th, 2024 at 0.03128960

Smart Scan Analysis for TWDUSD

Based on our trend formula, TWDUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03129597 0.03141069 0.03129597 0.03141069 +0.00011500
Prev. Close Volume Bid Ask Time
0.03129597 2024-09-15 23:36:56
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