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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.
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MarketClub’s Trade Triangles for EURTWD
The long-term trend has been DOWN since Mar 5th, 2021 at 33.528100
The intermediate-term trend has been DOWN since Jan 4th, 2022 at 31.132327
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).
| 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 |