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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Swiss Franc/New Taiwan Dollar (FOREX:CHFTWD)
Long-Term Downtrend (-90) - CHFTWD is in a strong downtrend that is likely to continue. While CHFTWD 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 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 DOWN since Nov 1st, 2024 at 36.712234
The intermediate-term trend has been DOWN since Sep 26th, 2024 at 37.434355
The short-term trend has been DOWN since Nov 22nd, 2024 at 36.565798
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 |
|---|---|---|---|---|
| 36.713576 | 36.779051 | 36.361099 | 36.415166 | -0.298410 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.713576 | 2024-11-22 13:58:41 |