Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
New Taiwan Dollar/US Dollar (FOREX:TWDUSD)
Strong Downtrend (-100) - TWDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDUSD.
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 TWDUSD
The long-term trend has been DOWN since Dec 2nd, 2024 at 0.03060069
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.03097703
The short-term trend has been DOWN since Dec 9th, 2024 at 0.03077207
Smart Scan Analysis for TWDUSD
Based on our trend formula, TWDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03053482 | 0.03056142 | 0.03051805 | 0.03052504 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03053482 | 2024-12-26 09:25:33 |