Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)

Countertrend Down (-85) - TWDCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_TWDCAD
Open High Low TWDCAD Price Change
0.04441906 0.04442971 0.04429706 0.04430817 -0.00011100
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term down The long-term trend has been DOWN since Oct 14th, 2021 at 0.04413467

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 0.04537067

short term up The short-term trend has been UP since Oct 19th, 2021 at 0.04431491

Smart Scan Analysis for TWDCAD

Based on our trend formula, TWDCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04441906 0.04442971 0.04429706 0.04430817 -0.00011100
Prev. Close Volume Bid Ask Time
0.04441906 2021-10-25 06:57:01
Get a free daily analysis and signals for New Taiwan Dollar/Canadian Dollar (TWDCAD) - Request Your Free Report.