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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
New Taiwan Dollar/Danish Krone (FOREX:TWDDKK)
Sidelines Mode (+55) - TWDDKK 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 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.
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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 UP since Apr 12th, 2024 at 0.21703105
The short-term trend has been DOWN since Apr 16th, 2024 at 0.21565562
Smart Scan Analysis for TWDDKK
Based on our trend formula, TWDDKK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21612346 | 0.21617454 | 0.21554885 | 0.21581624 | -0.00030700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21612346 | 2024-04-18 08:57:17 |