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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Crossroads (-60) - DKKTWD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DKKTWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DKKTWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_DKKTWD
Open High Low DKKTWD Price Change
4.4073185 4.4073185 4.4073185 4.4073185 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term down The long-term trend has been DOWN since Mar 22nd, 2020 at 4.3535399

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 4.3714976

short term up The short-term trend has been UP since May 12th, 2020 at 4.3425854

Smart Scan Analysis for DKKTWD

Based on our trend formula, DKKTWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4073185 4.4073185 4.4073185 4.4073185 0.0000000
Prev. Close Volume Bid Ask Time
4.3932207 4.2732254 4.5414116 2020-05-21 21:08:20
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