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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

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

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.

FOREX_TWDCHF
Open High Low TWDCHF Price Change
0.02747244 0.02748960 0.02736973 0.02738262 -0.00009000
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 0.02767076

intermediate term down The intermediate-term trend has been DOWN since Jun 3rd, 2024 at 0.02767076

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 0.02757234

Smart Scan Analysis for TWDCHF

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

-100
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02747244 0.02748960 0.02736973 0.02738262 -0.00009000
Prev. Close Volume Bid Ask Time
0.02747244 2024-06-18 06:19:29
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