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Forex Trend Analysis Report
Prepared for you on Thursday, March 13, 2025.
Canadian Dollar/New Taiwan Dollar (FOREX:CADTWD)
Countertrend Down (-85) - CADTWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for CADTWD
The long-term trend has been DOWN since Aug 5th, 2024 at 23.446736
The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 22.739712
The short-term trend has been UP since Mar 12th, 2025 at 22.916783
Smart Scan Analysis for CADTWD
Based on our trend formula, CADTWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.901058 | 22.958117 | 22.849701 | 22.852373 | -0.048685 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.901058 | 2025-03-13 13:21:05 |