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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
New Taiwan Dollar/Euro (FOREX:TWDEUR)
Long-Term Uptrend (+90) - TWDEUR is in a strong uptrend that is likely to continue. While TWDEUR 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 TWDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDEUR.
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 TWDEUR
The long-term trend has been UP since Sep 27th, 2024 at 0.02894547
The intermediate-term trend has been UP since Sep 27th, 2024 at 0.02842661
The short-term trend has been UP since Dec 11th, 2024 at 0.02927999
Smart Scan Analysis for TWDEUR
Based on our trend formula, TWDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02951943 | 0.02959618 | 0.02937154 | 0.02940089 | -0.00011900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02951943 | 2024-12-20 17:06:16 |