Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Strong Uptrend (+100) - EURTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURTWD
The long-term trend has been UP since Jul 29th, 2020 at 33.7585
The intermediate-term trend has been UP since Feb 16th, 2021 at 34.0319
The short-term trend has been UP since Feb 23rd, 2021 at 33.8677
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).