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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
US Dollar/New Taiwan Dollar (FOREX:USDTWD)
Long-Term Downtrend (-90) - USDTWD is in a strong downtrend that is likely to continue. While USDTWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDTWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDTWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDTWD
The long-term trend has been DOWN since Apr 11th, 2025 at 32.44725
The intermediate-term trend has been DOWN since Apr 9th, 2025 at 32.86530
The short-term trend has been DOWN since Apr 28th, 2025 at 32.37400
Smart Scan Analysis for USDTWD
Based on our trend formula, USDTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.1905 | 30.2655 | 29.7945 | 30.1823 | -0.0082 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.1905 | 2025-05-09 07:09:43 |