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.
MarketClub’s Trade Triangles for CHFTWD
The long-term trend has been DOWN since Nov 11th, 2020 at 31.182762
The intermediate-term trend has been DOWN since Jan 18th, 2021 at 31.588731
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).