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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

US Dollar/New Taiwan Dollar (FOREX:USDTWD)

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

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
30.2510 30.3235 30.2410 30.2445 -0.0065
Entry Signal

MarketClub’s Trade Triangles for USDTWD

long term up The long-term trend has been UP since Mar 18th, 2020 at 30.56255

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2020 at 30.50550

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 30.03500

Smart Scan Analysis for USDTWD

Based on our trend formula, USDTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.2510 30.3235 30.2410 30.2445 -0.0065
Prev. Close Volume Bid Ask Time
30.2510 30.2400 30.2490 2020-03-30 05:22:35
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