Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
New Taiwan Dollar/Euro (FOREX:TWDEUR)
Weak Downtrend (-65) - TWDEUR is showing signs of a strengthening downtrend. Monitor TWDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TWDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TWDEUR
The long-term trend has been UP since Mar 19th, 2020 at 0.03082880
The intermediate-term trend has been DOWN since May 26th, 2020 at 0.03035331
The short-term trend has been DOWN since May 18th, 2020 at 0.03075678
Smart Scan Analysis for TWDEUR
Based on our trend formula, TWDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).