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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Countertrend Up (+85) - CHFTWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jun 3rd, 2024 at 36.137540
The intermediate-term trend has been UP since Sep 10th, 2024 at 38.074180
The short-term trend has been UP since Sep 17th, 2024 at 37.805947
Smart Scan Analysis for CHFTWD
Based on our trend formula, CHFTWD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.707669 | 37.817461 | 37.682682 | 37.766507 | +0.058838 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.707669 | 2024-09-20 03:14:47 |