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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Bull Market Weakness (+75) - EURTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURTWD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTWD.
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 EURTWD
The long-term trend has been UP since Mar 20th, 2024 at 34.637102
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 34.359622
The short-term trend has been UP since Apr 16th, 2024 at 34.595637
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.521611 | 34.609549 | 34.513482 | 34.606653 | +0.085042 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.521611 | 2024-04-18 04:13:14 |