Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Bear Market Rally (-75) - TWDCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TWDCAD as it may be in the beginning of a reversal.

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.

Open	High	Low	TWDCAD Price	Change
0.04427979	0.04449989	0.04427825	0.04446458	+0.00018500
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

The long-term trend has been DOWN since Oct 14th, 2021 at 0.04413467

The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.04537067

The short-term trend has been UP since Oct 19th, 2021 at 0.04431491

Smart Scan Analysis for TWDCAD

Based on our trend formula, TWDCAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04427979	0.04449989	0.04427825	0.04446458	+0.00018500
Prev. Close	Volume	Bid	Ask	Time
0.04427979				2021-10-26 08:55:26

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