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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

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

Weak Downtrend (-65) - TWDZAR is showing signs of a strengthening downtrend. Monitor TWDZAR as it may be building momentum to the downside.

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
0.53546582 0.53706736 0.52983605 0.53168845 -0.00377700
Entry Signal

MarketClub’s Trade Triangles for TWDZAR

long term up The long-term trend has been UP since Jun 2nd, 2022 at 0.55429982

intermediate term down The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.52320597

short term down The short-term trend has been DOWN since Jun 21st, 2022 at 0.53268333

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
0.53546582 0.53706736 0.52983605 0.53168845 -0.00377700
Prev. Close Volume Bid Ask Time
0.53546582 2022-06-24 17:03:24
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