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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.

FOREX_TWDUSD
Open High Low TWDUSD Price Change
0.03397028 0.03398991 0.03396451 0.03398124 +0.00001100
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 Jun 5th, 2020 at 0.03363323

short term up 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).

+100
Smart Scan Analysis for TWDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03397028 0.03398991 0.03396451 0.03398124 +0.00001100
Prev. Close Volume Bid Ask Time
0.03397028 0.03397893 0.03398355 2020-07-13 01:49:54
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