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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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
35.630965 35.667396 35.621926 35.656563 +0.025598
Entry Signal

MarketClub’s Trade Triangles for CHFTWD

long term down The long-term trend has been DOWN since Mar 27th, 2024 at 35.408857

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2024 at 35.696599

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 35.653059

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
35.630965 35.667396 35.621926 35.656563 +0.025598
Prev. Close Volume Bid Ask Time
35.630965 2024-04-25 01:33:28
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