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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2025.
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.
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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 UP since Jan 16th, 2025 at 0.04363457
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04375100 | 0.04413310 | 0.04371056 | 0.04396052 | +0.00021000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04375100 | 2025-01-22 23:36:33 |