Forex Trend Analysis Report
Prepared for you on Thursday, December 1, 2022.
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.
MarketClub’s Trade Triangles for TWDCHF
The long-term trend has been DOWN since Jul 28th, 2022 at 0.03189375
The intermediate-term trend has been DOWN since Oct 26th, 2022 at 0.03069045
The short-term trend has been UP since Nov 28th, 2022 at 0.03075032
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).