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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

New Taiwan Dollar/Swiss Franc (FOREX:TWDCHF)

Countertrend Down (-85) - TWDCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.02784616 0.02784616 0.02784616 0.02784616 0.00000000
Entry Signal

MarketClub’s Trade Triangles for TWDCHF

long term down The long-term trend has been DOWN since May 3rd, 2023 at 0.02882833

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2023 at 0.02765466

short term up The short-term trend has been UP since Dec 7th, 2023 at 0.02790024

Smart Scan Analysis for TWDCHF

Based on our trend formula, TWDCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TWDCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02784616 0.02784616 0.02784616 0.02784616 0.00000000
Prev. Close Volume Bid Ask Time
0.02784616 2023-12-09 00:32:25
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