Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
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.
MarketClub’s Trade Triangles for TWDCHF
The long-term trend has been DOWN since May 3rd, 2023 at 0.02882833
The intermediate-term trend has been UP since Sep 6th, 2023 at 0.02789409
The short-term trend has been UP since Sep 21st, 2023 at 0.02812817
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).