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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

New Taiwan Dollar/Euro (FOREX:TWDEUR)

Weak Downtrend (-65) - TWDEUR is showing signs of a strengthening downtrend. Monitor TWDEUR as it may be building momentum to the downside.

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.

FOREX_TWDEUR
Open High Low TWDEUR Price Change
0.02940324 0.02950348 0.02930729 0.02931117 -0.00009200
Entry Signal

MarketClub’s Trade Triangles for TWDEUR

long term up The long-term trend has been UP since Nov 2nd, 2020 at 0.03022530

intermediate term down The intermediate-term trend has been DOWN since Nov 25th, 2020 at 0.02939799

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.02947310

Smart Scan Analysis for TWDEUR

Based on our trend formula, TWDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02940324 0.02950348 0.02930729 0.02931117 -0.00009200
Prev. Close Volume Bid Ask Time
0.02940324 2020-11-27 17:00:00
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