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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)

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

Is it time to buy, sell, or avoid CHFTWD?

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

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

FOREX_CHFTWD
Open High Low CHFTWD Price Change
36.274444 36.357440 36.232501 36.268204 -0.006240
Entry Signal

MarketClub’s Trade Triangles for CHFTWD

long term up The long-term trend has been UP since Jun 3rd, 2024 at 36.137540

intermediate term up The intermediate-term trend has been UP since May 31st, 2024 at 36.003594

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 36.253081

Smart Scan Analysis for CHFTWD

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

+75
Smart Scan Analysis for CHFTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.274444 36.357440 36.232501 36.268204 -0.006240
Prev. Close Volume Bid Ask Time
36.274444 2024-06-21 06:16:47
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