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Forex Trend Analysis Report
Prepared for you on Tuesday, May 6, 2025.
Euro/New Taiwan Dollar (FOREX:EURTWD)
Long-Term Downtrend (-90) - EURTWD is in a strong downtrend that is likely to continue. While EURTWD 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 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 May 4th, 2025 at 33.719145
The intermediate-term trend has been DOWN since May 1st, 2025 at 35.544323
The short-term trend has been DOWN since Apr 23rd, 2025 at 36.967608
Smart Scan Analysis for EURTWD
Based on our trend formula, EURTWD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.056381 | 34.058487 | 34.056381 | 34.057717 | +0.001336 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.057717 | 2025-05-06 00:00:16 |