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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)
Strong Downtrend (-100) - DKKTWD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DKKTWD continues to fall. Traders should use caution and set stops.
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 Oct 16th, 2024 at 4.6824933
The intermediate-term trend has been DOWN since Sep 27th, 2024 at 4.7139991
The short-term trend has been DOWN since Nov 19th, 2024 at 4.5790313
Smart Scan Analysis for DKKTWD
Based on our trend formula, DKKTWD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6083741 | 4.6096053 | 4.5889476 | 4.5939219 | -0.0144520 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6083741 | 2024-11-21 06:01:23 |