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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi Offshore/New Taiwan Dollar (FOREX:CNHTWD)
Long-Term Uptrend (+90) - CNHTWD is in a strong uptrend that is likely to continue. While CNHTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CNHTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHTWD.
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 CNHTWD
The long-term trend has been UP since Mar 5th, 2025 at 4.5408437
The intermediate-term trend has been UP since Dec 25th, 2024 at 4.4881269
The short-term trend has been UP since Mar 25th, 2025 at 4.5550928
Smart Scan Analysis for CNHTWD
Based on our trend formula, CNHTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5752831 | 4.5815228 | 4.5691117 | 4.5786670 | +0.0033840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5752831 | 2025-03-31 17:19:21 |