Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)
Bull Market Weakness (+75) - TWDCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDCHF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TWDCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDCHF
The long-term trend has been UP since Nov 2nd, 2020 at 0.03209149
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.03312723
The short-term trend has been UP since Oct 26th, 2021 at 0.03298481
Smart Scan Analysis for TWDCHF
Based on our trend formula, TWDCHF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).