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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Strong Downtrend (-100) - CHFTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CHFTWD continues to fall. Traders should use caution and set stops.
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 Dec 13th, 2024 at 36.361099
The short-term trend has been DOWN since Dec 25th, 2024 at 36.233141
Smart Scan Analysis for CHFTWD
Based on our trend formula, CHFTWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.388535 | 36.479603 | 36.347977 | 36.428746 | +0.040211 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.388535 | 2024-12-26 17:53:55 |