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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Sidelines Mode (-55) - DKKTWD 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 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.
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MarketClub’s Trade Triangles for DKKTWD
The long-term trend has been DOWN since May 4th, 2025 at 4.5192014
The intermediate-term trend has been UP since May 26th, 2025 at 4.6609887
The short-term trend has been DOWN since May 28th, 2025 at 4.5318688
Smart Scan Analysis for DKKTWD
Based on our trend formula, DKKTWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5373957 | 4.5677547 | 4.5341663 | 4.5516087 | +0.0142130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5373957 | 2025-05-30 17:02:30 |