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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.

FOREX_TWDCAD
Open High Low TWDCAD Price Change
0.04357700 0.04363612 0.04345734 0.04349570 -0.00008100
Entry Signal

MarketClub’s Trade Triangles for TWDCAD

long term up The long-term trend has been UP since Aug 2nd, 2024 at 0.04265256

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2025 at 0.04403900

short term down 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).

+55
Smart Scan Analysis for TWDCAD
Strong Downtrend Sideways 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
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