Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)
Weak Uptrend (+65) - CADTWD is showing signs of weakening momentum to the upside. Monitor CADTWD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for CADTWD
The long-term trend has been UP since Feb 25th, 2021 at 22.187146
The intermediate-term trend has been UP since Feb 14th, 2021 at 22.055515
The short-term trend has been DOWN since Mar 5th, 2021 at 22.135220
Smart Scan Analysis for CADTWD
Based on our trend formula, CADTWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).