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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Crossroads (+60) - CHFTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CHFTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTWD.
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 CHFTWD
The long-term trend has been DOWN since Mar 27th, 2024 at 35.408857
The intermediate-term trend has been UP since Apr 16th, 2024 at 35.696599
The short-term trend has been UP since May 3rd, 2024 at 35.798836
Smart Scan Analysis for CHFTWD
Based on our trend formula, CHFTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.689877 | 35.710040 | 35.672359 | 35.682161 | -0.007716 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.689877 | 2024-05-09 05:09:06 |