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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

New Taiwan Dollar/Euro (FOREX:TWDEUR)

Bull Market Weakness (+75) - TWDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TWDEUR as it may be in the beginning stages of a reversal.

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.

FOREX_TWDEUR
Open High Low TWDEUR Price Change
0.02936519 0.02939587 0.02931956 0.02931967 -0.00004600
Entry Signal

MarketClub’s Trade Triangles for TWDEUR

long term up The long-term trend has been UP since Sep 27th, 2024 at 0.02894547

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2024 at 0.02842661

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 0.02927676

Smart Scan Analysis for TWDEUR

Based on our trend formula, TWDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for TWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02936519 0.02939587 0.02931956 0.02931967 -0.00004600
Prev. Close Volume Bid Ask Time
0.02936519 2024-12-26 10:37:57
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