Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Chinese Yuan Renminbi Offshore/New Taiwan Dollar (FOREX:CNHTWD)

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

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

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

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

FOREX_CNHTWD
Open High Low CNHTWD Price Change
4.3615 4.3615 4.3615 4.3615 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNHTWD

long term up The long-term trend has been UP since Oct 6th, 2021 at 4.33450

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2021 at 4.31600

short term up The short-term trend has been UP since Oct 20th, 2021 at 4.36965

Smart Scan Analysis for CNHTWD

Based on our trend formula, CNHTWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CNHTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3615 4.3615 4.3615 4.3615 0.0000
Prev. Close Volume Bid Ask Time
4.3615 2021-10-22 13:44:44
Get a free daily analysis and signals for Chinese Yuan Renminbi Offshore/New Taiwan Dollar (CNHTWD) - Request Your Free Report.