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.
MarketClub’s Trade Triangles for TWDCAD
The long-term trend has been UP since Oct 28th, 2020 at 0.04650102
The intermediate-term trend has been DOWN since Nov 8th, 2020 at 0.04561046
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).