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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Countertrend Down (-85) - EURTWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTWD.
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 EURTWD
The long-term trend has been DOWN since Sep 27th, 2024 at 34.538655
The intermediate-term trend has been DOWN since Sep 27th, 2024 at 35.178316
The short-term trend has been UP since Jan 14th, 2025 at 34.059866
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.053469 | 34.078740 | 33.963634 | 33.992357 | -0.061112 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.053469 | 2025-01-15 04:10:52 |