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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
0.03141640 0.03167611 0.03131020 0.03153603 +0.00012000
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long-term trend has been DOWN since Jul 28th, 2022 at 0.03189375

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2022 at 0.03212373

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.03152038

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
0.03141640 0.03167611 0.03131020 0.03153603 +0.00012000
Prev. Close Volume Bid Ask Time
0.03141640 2022-08-15 19:14:45
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