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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

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

FOREX_TWDCHF
Open High Low TWDCHF Price Change
0.02801751 0.02807618 0.02793984 0.02805609 +0.00003900
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long-term trend has been DOWN since Jan 3rd, 2024 at 0.02713328

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.02801394

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.02805176

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).

-75
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02801751 0.02807618 0.02793984 0.02805609 +0.00003900
Prev. Close Volume Bid Ask Time
0.02801751 2024-04-26 17:05:20
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