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Forex Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

New Taiwan Dollar/South African Rand (FOREX:TWDZAR)

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

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

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

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

FOREX_TWDZAR
Open High Low TWDZAR Price Change
0.51131570 0.51196085 0.51042726 0.51165627 +0.00034100
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term down The long-term trend has been DOWN since Nov 4th, 2020 at 0.55386321

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2021 at 0.50186416

short term up The short-term trend has been UP since Jun 9th, 2021 at 0.49125978

Smart Scan Analysis for TWDZAR

Based on our trend formula, TWDZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for TWDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.51131570 0.51196085 0.51042726 0.51165627 +0.00034100
Prev. Close Volume Bid Ask Time
0.51131570 2021-06-22 03:18:52
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