Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
0.04299197 0.04301052 0.04295036 0.04296310 -0.00002900
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.04265256

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2024 at 0.04297122

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.04310506

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
0.04299197 0.04301052 0.04295036 0.04296310 -0.00002900
Prev. Close Volume Bid Ask Time
0.04299197 2024-11-20 03:25:33
Get a free daily analysis and signals for New Taiwan Dollar/Canadian Dollar (TWDCAD) - Request Your Free Report.