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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.

FOREX_CADTWD
Open High Low CADTWD Price Change
22.010444 22.010444 22.010444 22.010444 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term up The long-term trend has been UP since Feb 25th, 2021 at 22.187146

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 22.055515

short term down 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).

+65
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.010444 22.010444 22.010444 22.010444 0.000000
Prev. Close Volume Bid Ask Time
22.010444 2021-03-05 07:55:17
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