Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Crossroads (+60) - EURTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for EURTWD
The long-term trend has been DOWN since Dec 6th, 2023 at 33.770832
The intermediate-term trend has been UP since Feb 20th, 2024 at 34.035774
The short-term trend has been UP since Mar 13th, 2024 at 34.441983
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
34.499954 | 34.550356 | 34.472466 | 34.484909 | -0.015045 |
Prev. Close | Volume | Bid | Ask | Time |
34.499954 | 2024-03-19 04:29:13 |