Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Euro/New Taiwan Dollar (FOREX:EURTWD)

Crossroads (-60) - EURTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURTWD
Open High Low EURTWD Price Change
32.4175 32.4175 32.4175 32.4175 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURTWD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 33.5281

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 32.5836

short term up The short-term trend has been UP since Oct 10th, 2021 at 32.4164

Smart Scan Analysis for EURTWD

Based on our trend formula, EURTWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.4175 32.4175 32.4175 32.4175 0.0000
Prev. Close Volume Bid Ask Time
32.2848 2021-10-24 21:08:28
Get a free daily analysis and signals for Euro/New Taiwan Dollar (EURTWD) - Request Your Free Report.