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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

Strong Uptrend (+100) - USDTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDTWD 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 USDTWD?

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

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

FOREX_USDTWD
Open High Low USDTWD Price Change
32.7490 32.7665 32.7220 32.7645 +0.0155
Entry Signal

MarketClub’s Trade Triangles for USDTWD

long term up The long-term trend has been UP since Dec 2nd, 2024 at 32.6785

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 32.2735

short term up The short-term trend has been UP since Dec 9th, 2024 at 32.4950

Smart Scan Analysis for USDTWD

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

+100
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.7490 32.7665 32.7220 32.7645 +0.0155
Prev. Close Volume Bid Ask Time
32.7490 2024-12-26 07:37:31
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