Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
New Taiwan Dollar/Euro (FOREX:TWDEUR)
Sidelines Mode (+55) - TWDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TWDEUR
The long-term trend has been DOWN since Mar 20th, 2024 at 0.02885860
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.02910393
The short-term trend has been DOWN since Apr 16th, 2024 at 0.02890538
Smart Scan Analysis for TWDEUR
Based on our trend formula, TWDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02896737 | 0.02897442 | 0.02884029 | 0.02892200 | -0.00004500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02896737 | 2024-04-18 17:32:47 |