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Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2025.
New Taiwan Dollar/US Dollar (FOREX:TWDUSD)
Countertrend Down (-85) - TWDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for TWDUSD
The long-term trend has been DOWN since Dec 2nd, 2024 at 0.03060069
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.03097703
The short-term trend has been UP since Jan 15th, 2025 at 0.03034717
Smart Scan Analysis for TWDUSD
Based on our trend formula, TWDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03038037 | 0.03047917 | 0.03035750 | 0.03038591 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03038037 | 2025-01-17 17:42:09 |