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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Bear Market Rally (-75) - CHFTWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFTWD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CHFTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTWD.
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 CHFTWD
The long-term trend has been DOWN since Nov 1st, 2024 at 36.712234
The intermediate-term trend has been DOWN since Sep 26th, 2024 at 37.434355
The short-term trend has been UP since Nov 18th, 2024 at 36.760794
Smart Scan Analysis for CHFTWD
Based on our trend formula, CHFTWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.742167 | 36.783248 | 36.699084 | 36.774095 | +0.031928 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.742167 | 2024-11-20 03:34:42 |