Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
New Taiwan Dollar/South African Rand (FOREX:TWDZAR)
Sidelines Mode (-55) - TWDZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TWDZAR
The long-term trend has been UP since Oct 6th, 2023 at 0.61349582
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 0.59528605
The short-term trend has been UP since Mar 28th, 2024 at 0.59484765
Smart Scan Analysis for TWDZAR
Based on our trend formula, TWDZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.59157661 | 0.59303646 | 0.59063849 | 0.59184197 | +0.00026500 |
Prev. Close | Volume | Bid | Ask | Time |
0.59157661 | 2024-03-29 05:55:44 |