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Forex Trend Analysis Report

Prepared for you on Wednesday, January 26, 2022.

Euro/New Taiwan Dollar (FOREX:EURTWD)

Strong Downtrend (-100) - EURTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURTWD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_EURTWD
Open High Low EURTWD Price Change
31.347231 31.373276 31.278396 31.295672 -0.051559
Entry Signal

MarketClub’s Trade Triangles for EURTWD

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 33.528100

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 31.132327

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 31.419619

Smart Scan Analysis for EURTWD

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

-100
Smart Scan Analysis for EURTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.347231 31.373276 31.278396 31.295672 -0.051559
Prev. Close Volume Bid Ask Time
31.347231 2022-01-26 03:59:43
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