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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

Long-Term Uptrend (+90) - TWDCHF is in a strong uptrend that is likely to continue. While TWDCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_TWDCHF
Open High Low TWDCHF Price Change
0.02836917 0.02843253 0.02834837 0.02836024 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term up The long-term trend has been UP since May 23rd, 2024 at 0.02841214

intermediate term up The intermediate-term trend has been UP since May 22nd, 2024 at 0.02836358

short term up The short-term trend has been UP since May 22nd, 2024 at 0.02834803

Smart Scan Analysis for TWDCHF

Based on our trend formula, TWDCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02836917 0.02843253 0.02834837 0.02836024 -0.00000900
Prev. Close Volume Bid Ask Time
0.02836917 2024-05-23 05:45:58
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