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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

New Taiwan Dollar/US Dollar (FOREX:TWDUSD)

Long-Term Uptrend (+90) - TWDUSD is in a strong uptrend that is likely to continue. While TWDUSD 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 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
0.03594213 0.03602046 0.03589918 0.03590717 -0.00003500
Entry Signal

MarketClub’s Trade Triangles for TWDUSD

long term up The long-term trend has been UP since Apr 29th, 2020 at 0.03361910

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 0.03588345

short term up The short-term trend has been UP since Mar 3rd, 2021 at 0.03606073

Smart Scan Analysis for TWDUSD

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

+90
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03594213 0.03602046 0.03589918 0.03590717 -0.00003500
Prev. Close Volume Bid Ask Time
0.03594213 2021-03-04 04:58:25
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