Forex Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
New Taiwan Dollar/US Dollar (FOREX:TWDUSD)
Strong Uptrend (+100) - TWDUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for TWDUSD
The long-term trend has been UP since Apr 29th, 2020 at 0.03361910
The intermediate-term trend has been UP since Jun 5th, 2020 at 0.03363323
The short-term trend has been UP since Jul 12th, 2020 at 0.03408897
Smart Scan Analysis for TWDUSD
Based on our trend formula, TWDUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).