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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)
Sidelines Mode (-55) - CADTWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CADTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADTWD.
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 CADTWD
The long-term trend has been DOWN since Aug 5th, 2024 at 23.446736
The intermediate-term trend has been UP since Feb 13th, 2025 at 23.036280
The short-term trend has been DOWN since Feb 19th, 2025 at 23.039186
Smart Scan Analysis for CADTWD
Based on our trend formula, CADTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.091984 | 23.116675 | 23.028287 | 23.034107 | -0.057877 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.091984 | 2025-02-21 17:03:30 |