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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)

Sidelines Mode (-55) - CHFTWD 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 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
29.844082 30.241487 29.840086 30.205506 +0.361424
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 Nov 9th, 2021 at 30.287195

short term up The short-term trend has been UP since Nov 26th, 2021 at 29.877452

Smart Scan Analysis for CHFTWD

Based on our trend formula, CHFTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.844082 30.241487 29.840086 30.205506 +0.361424
Prev. Close Volume Bid Ask Time
29.844082 2021-11-26 16:59:29
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