Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)
Long-Term Uptrend (+90) - TWDCHF is in a strong uptrend that is likely to continue. While TWDCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jan 11th, 2021 at 0.03175612
The short-term trend has been UP since Feb 18th, 2021 at 0.03206016
Smart Scan Analysis for TWDCHF
Based on our trend formula, TWDCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).