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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Weak Downtrend (-65) - EURTWD is showing signs of a strengthening downtrend. Monitor EURTWD as it may be building momentum to the downside.
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 Mar 10th, 2023 at 31.691590
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 32.094364
The short-term trend has been DOWN since Mar 15th, 2023 at 32.543697
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.750868 | 32.916639 | 32.649007 | 32.849373 | +0.098505 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.750868 | 2023-03-21 17:45:13 |