Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Taiwan Dollar/Euro (FOREX:TWDEUR)
Strong Downtrend (-100) - TWDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDEUR.
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 TWDEUR
The long-term trend has been DOWN since Mar 20th, 2024 at 0.02885860
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 0.02866585
The short-term trend has been DOWN since May 7th, 2024 at 0.02865723
Smart Scan Analysis for TWDEUR
Based on our trend formula, TWDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02869591 | 0.02871402 | 0.02868973 | 0.02869942 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02869591 | 2024-05-09 01:01:54 |