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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Long-Term Uptrend (+90) - CHFTWD is in a strong uptrend that is likely to continue. While CHFTWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CHFTWD
The long-term trend has been UP since Jun 3rd, 2024 at 36.137540
The intermediate-term trend has been UP since Jul 15th, 2024 at 36.419177
The short-term trend has been UP since Jul 25th, 2024 at 37.126033
Smart Scan Analysis for CHFTWD
Based on our trend formula, CHFTWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.246421 | 37.266122 | 37.104287 | 37.130534 | -0.115887 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.246421 | 2024-07-26 17:00:04 |