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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
New Taiwan Dollar/Euro (FOREX:TWDEUR)
Bear Market Rally (-75) - TWDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDEUR as it may be in the beginning of a reversal.
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 UP since Apr 12th, 2024 at 0.02910393
The short-term trend has been DOWN since Apr 16th, 2024 at 0.02890538
Smart Scan Analysis for TWDEUR
Based on our trend formula, TWDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02891302 | 0.02901469 | 0.02880137 | 0.02881921 | -0.00009400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02891302 | 2024-04-19 11:07:30 |