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Forex Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Weak Downtrend (-65) - TWDCAD is showing signs of a strengthening downtrend. Monitor TWDCAD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TWDCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TWDCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TWDCAD
Open High Low TWDCAD Price Change
0.04570977 0.04573123 0.04522874 0.04530940 -0.00040000
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term up The long-term trend has been UP since Oct 28th, 2020 at 0.04650102

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.04561046

short term down The short-term trend has been DOWN since Nov 16th, 2020 at 0.04584459

Smart Scan Analysis for TWDCAD

Based on our trend formula, TWDCAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04570977 0.04573123 0.04522874 0.04530940 -0.00040000
Prev. Close Volume Bid Ask Time
0.04570977 2020-11-30 19:09:36
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