Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

Crossroads (-60) - TWDCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.03231563 0.03234615 0.03229960 0.03232478 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term up The long-term trend has been UP since May 1st, 2020 at 0.03278711

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 0.03228713

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.03237973

Smart Scan Analysis for TWDCHF

Based on our trend formula, TWDCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03231563 0.03234615 0.03229960 0.03232478 +0.00000900
Prev. Close Volume Bid Ask Time
0.03231563 0.03232020 0.03232936 2020-05-25 05:33:19
Get a free daily analysis and signals for New Taiwan Dollar/Swiss Franc (TWDCHF) - Request Your Free Report.