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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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, SHORTSYMBOL 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.

FOREX_CHFTWD
Open High Low CHFTWD Price Change
30.172315 30.172315 30.172315 30.172315 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFTWD

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 31.182762

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2021 at 31.588731

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 31.397678

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).

-100
Smart Scan Analysis for CHFTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.172315 30.172315 30.172315 30.172315 0.000000
Prev. Close Volume Bid Ask Time
30.172315 2021-03-05 07:55:17
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