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.
MarketClub’s Trade Triangles for TWDCHF
The long-term trend has been UP since May 1st, 2020 at 0.03278711
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.03228713
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).