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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)
Sidelines Mode (+55) - TWDCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TWDCAD
The long-term trend has been UP since Aug 2nd, 2024 at 0.04265256
The intermediate-term trend has been UP since Jan 19th, 2025 at 0.04403900
The short-term trend has been DOWN since Feb 3rd, 2025 at 0.04382522
Smart Scan Analysis for TWDCAD
Based on our trend formula, TWDCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04357700 | 0.04363612 | 0.04345734 | 0.04349570 | -0.00008100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04357700 | 2025-02-05 05:56:31 |