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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)
Long-Term Downtrend (-90) - TWDCHF is in a strong downtrend that is likely to continue. While TWDCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDCHF.
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 TWDCHF
The long-term trend has been DOWN since Jan 3rd, 2024 at 0.02713328
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.02801394
The short-term trend has been DOWN since Apr 15th, 2024 at 0.02817435
Smart Scan Analysis for TWDCHF
Based on our trend formula, TWDCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02788226 | 0.02805176 | 0.02787794 | 0.02796229 | +0.00008000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02788226 | 2024-04-19 15:57:48 |