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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.

FOREX_TWDCHF
Open High Low TWDCHF Price Change
0.02821856 0.02841640 0.02821155 0.02831785 +0.00009900
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long-term trend has been DOWN since May 3rd, 2023 at 0.02882833

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2023 at 0.02789409

short term up 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).

+60
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02821856 0.02841640 0.02821155 0.02831785 +0.00009900
Prev. Close Volume Bid Ask Time
0.02821856 2023-09-25 23:44:47
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