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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 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 May 2nd, 2025 at 22.370846
The intermediate-term trend has been UP since May 26th, 2025 at 22.241790
The short-term trend has been DOWN since May 28th, 2025 at 21.622218
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 |
|---|---|---|---|---|
| 21.578138 | 21.814980 | 21.571727 | 21.777105 | +0.198967 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.578138 | 2025-05-30 17:02:30 |