Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Strong Downtrend (-100) - TWDDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TWDDKK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TWDDKK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWDDKK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TWDDKK
The long-term trend has been DOWN since Mar 20th, 2024 at 0.21515712
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 0.21382648
The short-term trend has been DOWN since May 7th, 2024 at 0.21377743
Smart Scan Analysis for TWDDKK
Based on our trend formula, TWDDKK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21404072 | 0.21414626 | 0.21401106 | 0.21405159 | +0.00001100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21404072 | 2024-05-09 01:53:12 |