Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Strong Downtrend (-100) - TWDCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDCAD continues to fall. Traders should use caution and set stops.

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
0.04185839 0.04198736 0.04176373 0.04190750 +0.00004900
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term down The long-term trend has been DOWN since Apr 13th, 2023 at 0.04376254

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 0.04229126

short term down The short-term trend has been DOWN since Sep 7th, 2023 at 0.04253569

Smart Scan Analysis for TWDCAD

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

-100
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04185839 0.04198736 0.04176373 0.04190750 +0.00004900
Prev. Close Volume Bid Ask Time
0.04185839 2023-09-22 15:28:32
Get a free daily analysis and signals for New Taiwan Dollar/Canadian Dollar (TWDCAD) - Request Your Free Report.