Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Bull Market Weakness (+75) - DKKTWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DKKTWD as it may be in the beginning stages of a reversal.
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 UP since Mar 20th, 2024 at 4.6477663
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 4.6075381
The short-term trend has been UP since Apr 16th, 2024 at 4.6370232
Smart Scan Analysis for DKKTWD
Based on our trend formula, DKKTWD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6356119 | 4.6471928 | 4.6195117 | 4.6453280 | +0.0097160 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6356119 | 2024-04-19 09:32:13 |