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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Danish Krone/New Taiwan Dollar (FOREX:DKKTWD)

Strong Uptrend (+100) - DKKTWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DKKTWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
4.5596311 4.5596311 4.5596311 4.5596311 0.0000000
Entry Signal

MarketClub’s Trade Triangles for DKKTWD

long term up The long-term trend has been UP since Jul 15th, 2020 at 4.5279054

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 4.5479298

short term up The short-term trend has been UP since Nov 22nd, 2020 at 4.5508832

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).

+100
Smart Scan Analysis for DKKTWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5596311 4.5596311 4.5596311 4.5596311 0.0000000
Prev. Close Volume Bid Ask Time
4.5596311 2020-11-26 21:00:33
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