Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
New Taiwan Dollar/Canadian Dollar (FOREX:TWDCAD)
Strong Uptrend (+100) - TWDCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TWDCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for TWDCAD
The long-term trend has been UP since Oct 7th, 2022 at 0.04408815
The intermediate-term trend has been UP since Jan 18th, 2023 at 0.04461573
The short-term trend has been UP since Mar 21st, 2023 at 0.04508310
Smart Scan Analysis for TWDCAD
Based on our trend formula, TWDCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).