Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Weak Downtrend (-65) - DKKTWD is showing signs of a strengthening downtrend. Monitor DKKTWD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for DKKTWD
The long-term trend has been DOWN since Mar 10th, 2023 at 4.2612807
The intermediate-term trend has been UP since Mar 22nd, 2023 at 4.4287202
The short-term trend has been DOWN since Mar 24th, 2023 at 4.3808302
Smart Scan Analysis for DKKTWD
Based on our trend formula, DKKTWD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).