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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)

Long-Term Downtrend (-90) - CADTWD is in a strong downtrend that is likely to continue. While CADTWD 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 CADTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADTWD
Open High Low CADTWD Price Change
21.684449 21.753627 21.414710 21.687518 +0.003069
Entry Signal

MarketClub’s Trade Triangles for CADTWD

long term down The long-term trend has been DOWN since May 2nd, 2025 at 22.370846

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2025 at 23.021575

short term down The short-term trend has been DOWN since Apr 23rd, 2025 at 23.429395

Smart Scan Analysis for CADTWD

Based on our trend formula, CADTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CADTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.684449 21.753627 21.414710 21.687518 +0.003069
Prev. Close Volume Bid Ask Time
21.684449 2025-05-09 05:50:12
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