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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

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
31.238936 31.238936 31.238936 31.238936 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFTWD

long term up The long-term trend has been UP since Jan 6th, 2020 at 31.006957

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2020 at 31.273001

short term up The short-term trend has been UP since Apr 2nd, 2020 at 31.031181

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
31.238936 31.238936 31.238936 31.238936 0.000000
Prev. Close Volume Bid Ask Time
31.238936 30.291773 32.186098 2020-04-02 07:19:25
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