Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
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
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.
MarketClub’s Trade Triangles for TWDEUR
The long-term trend has been UP since Aug 30th, 2019 at 0.02909800
The intermediate-term trend has been UP since Jan 20th, 2020 at 0.03017751
The short-term trend has been UP since Feb 4th, 2020 at 0.03003031
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).