Forex Trend Analysis Report
Prepared for you on Monday, November 30, 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 Nov 2nd, 2020 at 0.03209149
The intermediate-term trend has been DOWN since Nov 6th, 2020 at 0.03149510
The short-term trend has been DOWN since Nov 27th, 2020 at 0.03179334
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).